Swansea is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 5,044, the suburb has a mature demographic with a median age of 53. Households earn a median income of $54K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Swansea is $1.4 million, having surged 32.2% over the past year. Units have a median price of $789,000 (+2.1% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,908.
Swansea is served by 2 schools, including 2 primary. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 57 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Swansea offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 25.7x is considered stretched. House prices have moved +32.2% year-on-year.
Swansea is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 5,044, the suburb has a mature demographic with a median age of 53. Households earn a median income of $54K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Swansea is $1.4 million, having surged 32.2% over the past year. Units have a median price of $789,000 (+2.1% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,908.
Swansea is served by 2 schools, including 2 primary. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 57 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Swansea offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 25.7x is considered stretched. House prices have moved +32.2% year-on-year.