Middle Swan is a smaller suburb in Western Australia within the Swan local government area (postcode 6056). With a population of 2,852, the suburb has an established demographic with a median age of 39. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Middle Swan is $510,000, having surged 13.3% over the past year. Units have a median price of $445,000 (+9.9% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,500.
Middle Swan is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1039, which is around the national average of 1,000. Public transport access includes 48 bus stops.
From an investment perspective, Middle Swan offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($510K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +13.3% year-on-year.
Middle Swan is a smaller suburb in Western Australia within the Swan local government area (postcode 6056). With a population of 2,852, the suburb has an established demographic with a median age of 39. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Middle Swan is $510,000, having surged 13.3% over the past year. Units have a median price of $445,000 (+9.9% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,500.
Middle Swan is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1039, which is around the national average of 1,000. Public transport access includes 48 bus stops.
From an investment perspective, Middle Swan offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($510K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +13.3% year-on-year.