Get a property report and suburb profile for any property in Swan View

Swan View sits in the Perth Hills east of Midland, set against bushland and rolling gullies with John Forrest National Park on its doorstep. The historic Swan View Tunnel and the old railway corridor anchor the area, the corridor now a popular trail for walking and mountain biking. Streets range from weatherboard cottages and brick homes to larger rural-residential blocks, giving a relaxed, country-on-the-edge feel. A small local centre meets everyday shopping needs and residents have easy access to regional roads for commuting.

The suburb has 7,889 people with a median age of 44 and a typical household income of about $1,403 a week, roughly $73,000 a year. Families are dominated by couples and homes are largely owner-occupied, with owner-occupiers outnumbering renters by roughly three to one. Recent and ongoing park improvements have added carparks, day-use areas, new walking and off-road cycling loops and an elevated walkway, with further amenities planned, so outdoor recreation is a strong local feature. Whether Swan View suits you depends on how much you value space, ready access to parkland and a suburb weighted towards owner-occupiers and couple families.

Buying versus renting in Swan View looks stretched against local incomes recorded at the last Census. The median house price of $862,500 is about 11.8 times a typical local annual household income at the last Census (weekly household income $1,403 × 52 = $72,956), which sits well above local incomes. A house rent of about $697 a week would take roughly 49.7% of a typical local household's weekly income at the last Census, which is a large share. On the figures, both renting and buying represent substantial commitments compared with what households in Swan View earned at the last Census, with buying showing a notably high price multiple.

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

The clearest movement over the past year in Swan View is in unit prices: unit values jumped 35.9%, a large rise in what units are worth. House values also rose strongly, up 18.5% over the 12 months, so unit price growth has outpaced house price growth.

House rents rose 11.9% over the same period, a strong increase in rental income for houses. For houses, capital growth (18.5%) exceeded the rise in rent (11.9%), while the unit side showed particularly large capital growth; whether that balance between price movement and rental income fits your objectives depends on your own goals and circumstances.

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.