Swan View WA

Postcode 6056 · Mundaring LGA

Swan View is a mid-sized suburb in Western Australia within the Mundaring local government area (postcode 6056). With a population of 7,889, the suburb has an established demographic with a median age of 44. Households earn a median income of $73K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.

The median house price in Swan View is $574,000, having surged 23.3% over the past year. Units have a median price of $325,000 (+5.7% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,647.

Swan View is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 912, which is below the national average of 1,000. Public transport access includes 77 bus stops.

From an investment perspective, Swan View offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($574K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +23.3% year-on-year.

INVESTMENT SIGNALS
Rental Yield5.1% High Yield
Price vs State$574K/$951K Below Median
Affordability7.9x Moderate
Price Momentum+23.3% Rising
INCOME (ATO 2022-23)
Median Income$61,198
Mean Income$71,323
Earners8,805
YoY Change+8.1%
SEIFA INDEX (ABS)
Advantage3/10
Education2/10
Economic4/10
Disadvantage3/10
MEDIAN HOUSE
$574K
23.3% YoY
MEDIAN UNIT
$325K
5.7% YoY
MEDIAN RENT /WK
$320
POPULATION
7,889
DEMOGRAPHICS
Median Age44
Household Size2.4
HH Income /wk$1,403
Personal Income /wk$720
Mortgage /mth$1,647
TRANSPORT
Bus Stops77
SCHOOLS (2)
Avg ICSEA912
Total Students995
Government2
Swan View Senior High SchoolSecondary · Government · ICSEA 919
Swan View Primary SchoolPrimary · Government · ICSEA 904
Data: 2024