Swan Hill is a well-established suburb in Victoria within the Swan Hill local government area (postcode 3585). With a population of 11,186, the suburb has an established demographic with a median age of 38. Households earn a median income of $72K per year, with an average household size of 2.3 people. The most common occupations are professionals, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Swan Hill is $473,000, having grown strongly 8.6% over the past year. Units have a median price of $340,000. The current median weekly rent is $350. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,300.
Swan Hill is served by 7 schools, including 4 primary, 2 secondary, 1 special. The average ICSEA score is 971, which is around the national average of 1,000. Public transport access includes 3 rail stations, 53 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Swan Hill LGA is higher than average at 11,054 incidents per 100,000 population.
From an investment perspective, Swan Hill offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($473K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.5x is considered moderate. House prices have moved +8.6% year-on-year.
Swan Hill is a well-established suburb in Victoria within the Swan Hill local government area (postcode 3585). With a population of 11,186, the suburb has an established demographic with a median age of 38. Households earn a median income of $72K per year, with an average household size of 2.3 people. The most common occupations are professionals, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Swan Hill is $473,000, having grown strongly 8.6% over the past year. Units have a median price of $340,000. The current median weekly rent is $350. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,300.
Swan Hill is served by 7 schools, including 4 primary, 2 secondary, 1 special. The average ICSEA score is 971, which is around the national average of 1,000. Public transport access includes 3 rail stations, 53 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Swan Hill LGA is higher than average at 11,054 incidents per 100,000 population.
From an investment perspective, Swan Hill offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($473K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.5x is considered moderate. House prices have moved +8.6% year-on-year.