Question 1

Is Swan Bay a nice place to live?

Accepted Answer

Swan Bay is a small coastal locality in the Byron Bay region with a quiet, low-key atmosphere rather than a busy township centre. Housing ranges from modest beach cottages and holiday rentals to some newer contemporary homes set among coastal bush, dunes and open paddocks. Day-to-day life is outdoorsy, with easy access to beaches, coastal walks and birdwatching, while shops, cafes and services are in nearby Byron Bay. It appeals to people seeking a relaxed seaside pace and a close connection to the coast and surrounding natural areas.

The community of 357 people has a median age of 43 and is weighted towards owner-occupiers, with 29.0% owned outright and 58.0% owned with a mortgage; renters make up 13.0%. Families are prominent, with couple families without children 42.6% and couple families with children 38.6% (81.2% of all families). There are no significant new infrastructure projects reported, and the locality includes a heritage-listed grain silo on Woodburn-Coraki Road. Whether Swan Bay suits you depends on how much you value a quiet, coastal setting near Byron Bay.

Question 2

Is it expensive to live in Swan Bay?

Accepted Answer

There haven't been enough recent sales or rentals in Swan Bay to put reliable current prices or rents on houses or units. At the last Census a typical local household earned $1,833 a week, so without up-to-date price or rent figures it isn't possible to say how expensive Swan Bay is compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Swan Bay a good place to invest?

Accepted Answer

Swan Bay hasn't had enough recent sales to put reliable figures on how house or unit prices and rents have moved this year. Without that information, there isn't a clear picture of how the suburb has performed as an investment lately.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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