Thinking about buying in Swan? Now could not be a better time, with just 67 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $873,000 with prices in this suburb ranging from $796,000 to $1,327,000. The aproximate distance to the coast is 27 Km.
Median Weekly Rent | $380.00 |
Median Monthly Mortgage | $2083.50 |
Median Persons Per Bedroom | 0.70 |
Average Household Size | 3.00 |
Average Age | 45.50 |
Average Income | $799.50 |
Average Cars Per Dwelling | 2.44 |
Average Properties Within 50M | 1 |
4 Bed  $795,000 |
5 Bed  $1,151,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Swan ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Swan provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 'Lower than average population density constrains growth in Swan to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Swan the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
82 SHEEHANS RD, RED HILL, VIC, 3937 | 4 | 2 | 2 | $2,300,000 - $2,500,000 |
Middle Swan Primary School
(While the above schools are located with the suburb of Swan there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.4 | 13.8 | 24.7 | 46.6 | 86.5 | 3.6 | 24.7 |
Feb | 1.2 | 14.3 | 25.8 | 44.2 | 86.2 | 3.3 | 20.3 |
Mar | 1.4 | 13.0 | 23.6 | 46.4 | 87.1 | 3.0 | 15.4 |
Apr | 2.1 | 10.5 | 20.0 | 52.2 | 89.5 | 2.7 | 11.9 |
May | 2.4 | 8.4 | 16.7 | 57.8 | 89.3 | 2.9 | 8.4 |
Jun | 2.4 | 6.4 | 14.3 | 63.7 | 90.3 | 2.6 | 7.2 |
Jul | 2.0 | 6.2 | 13.7 | 61.4 | 88.7 | 3.1 | 7.4 |
Aug | 2.2 | 6.8 | 14.6 | 55.4 | 87.9 | 3.5 | 10.2 |
Sept | 2.4 | 7.8 | 17.2 | 49.7 | 88.6 | 3.5 | 14.4 |
Oct | 2.2 | 9.1 | 19.1 | 49.8 | 88.7 | 3.4 | 19.2 |
Nov | 2.1 | 11.0 | 21.1 | 50.6 | 88.6 | 3.2 | 22.4 |
Dec | 2.0 | 12.4 | 23.4 | 48.1 | 88.0 | 3.4 | 26.4 |
source: Australian Government Bureau of Meteorology
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