Swan Vale is a quiet locality in New South Wales within the Inverell local government area (postcode 2370). With a population of 35, the suburb has a mature demographic with a median age of 45. Households earn a median income of $97K per year, with an average household size of 3.2 people. The most common occupations are managers, community & personal service. The top ancestries reported are English, Irish, Australian.
The median house price in Swan Vale is $320,000, having dropped significantly 90.9% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,300.
Public transport access includes 2 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Swan Vale offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($320K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.3x is considered affordable. House prices have moved -90.9% year-on-year.
Swan Vale is a quiet locality in New South Wales within the Inverell local government area (postcode 2370). With a population of 35, the suburb has a mature demographic with a median age of 45. Households earn a median income of $97K per year, with an average household size of 3.2 people. The most common occupations are managers, community & personal service. The top ancestries reported are English, Irish, Australian.
The median house price in Swan Vale is $320,000, having dropped significantly 90.9% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,300.
Public transport access includes 2 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Swan Vale offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($320K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.3x is considered affordable. House prices have moved -90.9% year-on-year.