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Swan Reach, VIC 3903

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Swan Reach, VIC 3903 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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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

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory 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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0 thoughts on “Swan Reach, VIC 3903”

  1. The total adult population (15 years or older) of Swan Reach 3903 VIC is 708, with a median age of 51. Of those, 57.63% are married, 14.27% are divorced or separated, 22.32% are single and 5.51% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $5,032. The median monthly mortgage repayment for households in this suburb is $1,300 which is 25.83% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in Victoria, the suburb of Swan Reach 3903 is home to approximately 497 households. By the third quarter of 2023, houses in Swan Reach 3903 were typically priced at $769,583 with a median weekly rent of $385. This resulted in an indicative yield of 2.6%. It’s noteworthy that the yield is slightly below the attractive market requirement of 3% for cashflow-centric property investors, suggesting a potential area of caution.

    The IRSAD score of the area is 934 out of 1217, suggesting a sound socio-economic status among the populace. Moreover, the renter to owner ratio at 12% stays well within a favourable boundary, meaning that the region is not over-saturated with rental properties and offers a healthy property investment scope.

    The units to houses ratio is at an optimal 1%. This is a desirable factor since a lower ratio helps in maintaining higher rental yields by reducing competition among landlords for tenants. It also enhances the overall appeal of the neighbourhood attracting more families who are likely to result in longer tenancy periods.

    However, the affordability index for houses stands at 60 years, significantly above the favourable threshold of 30 years. This indicates that it might take a longer duration for homeowners to own a property entirely, signifying decreased affordability in the area.

    Looking at house supply metrics, a stock on market Percentage of 0.24% and an inventory level of 1.0 months indicate low supply levels, which is a favourable condition for investment. Additionally, the building approvals Ratio for houses is slightly high at 3.8%, potentially suggesting an increased supply of new dwellings in the future, needing monitoring nevertheless.

    The average number of days houses remain on market is 96, falling above the 90-day mark which might indicate a slightly low demand. Moreover, a vacancy rate of 5.26% which exceeds the maximum favourable level of 3.5%, also suggests lower demand. However, the buy search index for houses at 5 signifies that search frequency aligns with the state/city average, indicating neutral demand.

    In conclusion, while Swan Reach 3903 presents some favourable conditions such as a healthy socio-economic score and low supply metrics, areas such as indicative yield, affordability and demand metrics might need monitoring. These analysed metrics form an essential part of any property investment decision, and prospective investors are always encouraged to remain updated. Consider that while some metrics might fall out of the favourable range, others do compensate – giving the suburb investment potential. Moreover, tools like RCS by HtAG Analytics can simplify this research process by providing a Relative Composite Score using over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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