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Swan View

POSTAL CODE: WA, 6056
HOUSE
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Homeowners and real estate investors betting on SWAN VIEW, 6056 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 18.29%.

A steady increase in median property prices over a five-year period in the suburb translates to a 77.93% capital gain.

Property investors in SWAN VIEW enjoyed capital gains of 18.29% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $743,750.

Profits due to an upward trend in home prices there averaged 25.98% per annum over a 3-year period.

Home owners selling their properties and realtors in SWAN VIEW usually have to wait an average of 24.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $640 mark, reflecting a 4.47% increase in returns based on the current median price in SWAN VIEW.

SWAN VIEW, 6056 places 133rd in Australia based on median property value growth during the quarter.

Surburb overview

Swan View, located approximately 25 kilometres east of Perth's central business district, is a residential suburb on the Darling Scarp's edge. It falls within the jurisdictions of both the Shire of Mundaring and the City of Swan.

According to the 2016 census, Swan View's population was 7,904, covering an area of about 7.5 square kilometres. This is a slight decline from 8,025 in 2011. The predominant age group is 50 to 59, with households primarily comprising childless couples. A significant portion of residents are engaged in trades occupations.

Public transportation is accessible, with several Transperth bus routes connecting Swan View to Midland Station, a central transport hub. Key routes include the 313, 314, 315, 323, 324, 325, and 327, serving various streets within the suburb. These services facilitate convenient travel to Midland and other parts of Perth.

Essential amenities are readily available. The Swan View Shopping Centre caters to daily shopping needs, while Midland Gate, a more extensive shopping complex, is a short drive away. Healthcare services are accessible, with medical centres in the vicinity and the Midland Public Hospital nearby. Educational institutions include Swan View Primary School and Swan View Senior High School, both serving the local community.

Recreational opportunities abound in Swan View. The suburb is adjacent to John Forrest National Park, offering numerous walking trails and picnic spots. The historic Swan View Tunnel within the park is a notable attraction. Brown Park provides community recreation facilities and hosts the annual Swan View Agricultural Show, a longstanding local event. Additionally, the Railway Reserves Heritage Trail borders the suburb, offering scenic routes for walking and cycling.

Swan View combines residential convenience with access to natural attractions, making it a well-rounded suburb within the Perth metropolitan area. 

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