Swansea Heads is a small community in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 609, the suburb has a mature demographic with a median age of 46. Households earn a median income of $108K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Swansea Heads is $1.5 million, having surged 17.3% over the past year. Units have a median price of $772,000 (+33.1% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,992.
Public transport access includes 4 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 Heads offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 14.2x is considered stretched. House prices have moved +17.3% year-on-year.
Swansea Heads is a small community in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 609, the suburb has a mature demographic with a median age of 46. Households earn a median income of $108K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Swansea Heads is $1.5 million, having surged 17.3% over the past year. Units have a median price of $772,000 (+33.1% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,992.
Public transport access includes 4 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 Heads offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 14.2x is considered stretched. House prices have moved +17.3% year-on-year.