The housing market in Swansea, located in the Lake Macquarie region of New South Wales, has experienced notable changes in recent years, reflecting broader trends seen across coastal towns in Australia. Swansea, with its strategic position between Lake Macquarie and the Pacific Ocean, has become increasingly attractive to both families and retirees looking for a tranquil living environment while remaining within commutable distance to larger urban centers like Newcastle. The town offers a variety of housing options including traditional family homes, waterfront properties, and modern townhouses, catering to diverse budgets and preferences. Property values have seen a steady increase, driven by the high demand for lifestyle-driven locations and limited available land, thus making it both a desirable and competitive market for prospective buyers.
Living in Swansea offers residents a relaxed lifestyle amidst natural beauty, characterized by its proximity to both lake and beach environments that provide ample recreational opportunities. Residents can enjoy activities such as boating, fishing, and surfing, along with peaceful walks along the numerous coastal trails. The community here is friendly and tightly-knit, fostering a welcoming small-town atmosphere where local events and markets keep the social vibe lively and engaging. Swansea also offers essential amenities including schools, shops, and healthcare services, ensuring comfort and convenience for its residents. The climate is temperate, with hot summers and mild winters, making outdoor activities easily accessible year-round. Overall, living in Swansea combines the best of coastal living with the essentials of modern convenience, making it an attractive location for those seeking a harmonious balance between nature and community.
Median Weekly Rent | $277.00 |
Median Monthly Mortgage | $1608.75 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 59.00 |
Average Income | $546.75 |
Average Cars Per Dwelling | 1.25 |
Average Properties Within 50M | 29 |
Typical 1 bed house | $1,147,000 |
Typical 2 bed house | $764,000 |
Typical 3 bed house | $948,000 |
Typical 4 bed house | $1,274,000 |
Typical 5 bed house | $1,293,000 |
Typical 6 bed+ house | $1,299,000 |
Housing Stock
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Thinking about buying in Swansea? Now could not be a better time, with 3916 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $951,000 with prices in this suburb ranging from $87,000 to $13,701,000. Swansea is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Swansea there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Swansea is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Swansea changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Swansea necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Swansea we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Swansea a better buying opportunity than it may have been in the past.
Instant Property ValuationSt Patrick's Primary School
Swansea Public School
Caves Beach Public School
Swansea High School
Pelican Flat Public School
Blacksmiths Public School
Marks Point Public School
(While the above schools are located with the suburb of Swansea 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 | 2.1 | 13.3 | 23.8 | 47.4 | 89.6 | 4.1 | 23.0 |
Feb | 2.1 | 13.0 | 22.9 | 51.5 | 90.7 | 3.8 | 18.3 |
Mar | 1.9 | 12.7 | 21.8 | 52.7 | 93.4 | 3.5 | 13.2 |
Apr | 1.4 | 10.0 | 19.2 | 51.5 | 89.4 | 3.3 | 9.9 |
May | 1.9 | 8.0 | 16.2 | 54.9 | 87.9 | 3.4 | 6.8 |
Jun | 2.5 | 6.3 | 14.2 | 60.2 | 90.0 | 3.2 | 5.5 |
Jul | 1.1 | 5.7 | 14.0 | 55.9 | 88.4 | 3.4 | 6.6 |
Aug | 1.5 | 5.5 | 14.4 | 52.8 | 90.0 | 3.6 | 9.0 |
Sept | 1.3 | 7.3 | 17.1 | 46.0 | 86.7 | 3.8 | 13.3 |
Oct | 1.2 | 8.7 | 19.2 | 44.8 | 88.3 | 3.8 | 18.4 |
Nov | 5.7 | 10.3 | 19.1 | 54.1 | 91.7 | 4.2 | 18.3 |
Dec | 2.5 | 11.8 | 22 | 48.0 | 88.8 | 4.1 | 25.1 |
source: Australian Government Bureau of Meteorology
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