Swan Creek (postcode 2462) is a sparsely populated locality in New South Wales within the Clarence Valley local government area. It is home to about 106 residents, with a mix of families and early-career residents and a median age of 37. Households earn a median income of $47K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are sales, professionals, managers. Employment in the area leans toward agriculture and public admin & safety. The top ancestries reported are English, Australian, Irish.
Median house prices in Swan Creek stand at $380,000, having risen by 4.1% over the last twelve months. The current median weekly rent is $300. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $752.
Public transport access includes 3 bus stops. The crime rate in the Clarence Valley LGA is moderate at 5,045 incidents per 100,000 population.
From an investment perspective, Swan Creek shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices sit below the state median ($380K/$1.5M), which can point to relative value. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +4.1% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.