Swan Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2462). With a population of 106, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $47K per year, with an average household size of 2.8 people. The most common occupations are sales, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Swan Creek is $421,000, having declined 6.4% over the past year. The current median weekly rent is $510. This gives a gross rental yield of approximately 6.3%. 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 4,981 incidents per 100,000 population.
From an investment perspective, Swan Creek offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($421K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved -6.4% year-on-year.
Swan Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2462). With a population of 106, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $47K per year, with an average household size of 2.8 people. The most common occupations are sales, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Swan Creek is $421,000, having declined 6.4% over the past year. The current median weekly rent is $510. This gives a gross rental yield of approximately 6.3%. 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 4,981 incidents per 100,000 population.
From an investment perspective, Swan Creek offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($421K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved -6.4% year-on-year.