Located in Western Australia within the Claremont local government area, Swanbourne is a smaller suburb (postcode 6010). The area has roughly 4,592 residents and a settled mid-life population, with a median age of 38. Households earn a median income of $178K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.7% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Scottish.
The median house price in Swanbourne is $2.2 million, having climbed sharply by 15.8% over the past year. Units have a median price of $1.2 million (+49.8% YoY). The current median weekly rent is $1450. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $3,504.
Swanbourne is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1139, which is well above the national average of 1,000. Public transport access includes 1 rail station, 22 bus stops.
Looking at the investment signals, Swanbourne shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices are above the state median ($2.2M/$951K), placing it in the premium segment. The price-to-income ratio of 12.4x is considered stretched. House prices have moved +15.8% year-on-year. Population growth of +2.7% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.