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Swan Hill Rural City, VIC

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Swan Hill Rural City is a local government area in Victoria, situated in the state’s northwestern region. The LGA’s property market is quite small, with a good mix of residential and commercial properties. House prices are still relatively low compared to other parts of the state, making it a popular destination for investors.

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The Swan Hill economy is based on a number of industries, including agriculture, tourism and manufacturing. The LGA is a major centre for fruit and vegetable production, and the region’s wineries are also a major tourist attraction.

Managers (18.6%), Labourers (14.7%), Professionals (14.1%), Technicians and Trades Workers (13.2%), and Clerical and Administrative Workers (10.7%) are the most prevalent professions in Swan Hill. Swan Hill residents aged 15 years and older have a median weekly personal income of $580.

The typical real estate in this LGA includes older homes on large lots as well as newer developments with smaller lots. In Swan Hill, 87.3 % of occupied private homes are detached houses, 3.9 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 5.7 % are flats or apartments, and 1.6 % are other dwellings.

If you’re looking to invest in property in Swan Hill, Victoria, there are a few things you need to keep in mind. Firstly, it’s important to do your research and understand the market conditions in the area. Secondly, you need to be realistic about the potential for return on your investment. And finally, it’s important to risk assess the market you’re investing in.

Use the interactive dashboard below to compare suburbs in Swan Hill in terms of their property investment potential.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

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Inventory

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Building Approvals

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SOM chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Swan Hill Rural City, VIC

What other property markets are there near Swan Hill Rural City, VIC?

The Rural City of Swan Hill is a local government area in Victoria, Australia, located in the north-western part of the state.

How many people live in Swan Hill Rural City, VIC?

There are approximately 21000 people living in roughly 9000 dwellings in total, with an average household size of 2.4.

What are current and planned infrastructure projects in Swan Hill Rural City, VIC?

Notable infrastructure projects include Internet of Things (IoT) Technology Trial – Smart Cities, Robinvale Levee Works, Swan Hill Aerodrome Rehabilitation.

What major retailers are there in Swan Hill Rural City, VIC?

The main retail centres are Best&Less, Jay Jays Swan Hill, The Reject Shop, Coles.

What is the main industry in Swan Hill Rural City, VIC?

Such sector as Agriculture, Forestry & Fishing industry makes up the largest part of the employment.

What are the dominant demographic groups in Swan Hill Rural City, VIC?

Among approximately 21000 people in Swan Hill Rural City males and females make roughly 50%. The median age of people is 40 years. Children aged 0-14 years account for approximately 19% of the population, and those aged 65+ years account for 19%.

How is unemployment rate trending in Swan Hill Rural City, VIC?

Among approximately 9000 people employed, roughly 58% work full-time, 30% work part-time, and an estimated 5% are unemployed.

Suburbs/localities in this Local Government Area: Goschen 3585, Gowanford 3544, Bannerton 3549, Kenley 3597, Kooloonong 3597, Kunat 3585, Lake Boga 3584, Lake Powell 3597, Liparoo 3549, Manangatang 3546, Miralie 3596, Beauchamp 3579, Murnungin 3544, Murrawee 3586, Murraydale 3586, Narrung 3597, Natya 3597, Nowie 3585, Nyah 3594, Nyah West 3595, Nyrraby 3585, Pental Island 3586, Piangil 3597, Pira 3585, Polisbet 3585, Robinvale 3549, Beverford 3590, Speewa 3585, Swan Hill 3585, Swan Hill West 3585, Tol Tol 3549, Towan 3596, Tresco 3583, Tresco West 3584, Turoar 3546, Tyntynder 3586, Tyntynder South 3586, Ultima 3544, Ultima East 3544, Vinifera 3591, Waitchie 3544, Wandown 3549, Bolton 3546, Wemen 3549, Winlaton 3585, Winnambool 3546, Wood Wood 3596, Woorinen 3589, Woorinen North 3589, Woorinen South 3588, Happy Valley 3549, Boundary Bend 3599, Bulga 3586, Annuello 3549, Castle Donnington 3585, Chillingollah 3585, Chinangin 3544, Chinkapook 3546, Cocamba 3546, Fish Point 3585, Gerahmin 3546

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