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Swan View suburb profile

Swan View is a picturesque suburb located in the eastern part of Perth, Western Australia, nestled at the foothills of the Darling Range. Known for its natural beauty and serene environment, it offers residents a peaceful lifestyle with easy access to outdoor recreational activities. The suburb is home to the popular John Forrest National Park, providing opportunities for hiking, picnicking, and wildlife observation. Swan View combines a mix of older homes and newer developments, catering to a diverse community. Its proximity to Midland and convenient transport links make it an attractive option for families and professionals seeking a balance between nature and urban amenities.

Swan View property market performance

Swan View's property market has experienced significant growth over the past 12 months, with house values increasing by 15.2%. The current median house price stands at $683,000, reflecting strong demand in the area. However, the unit market remains largely inactive, with no change in median unit value and minimal sales activity.

In the past three months, 48 houses have been sold, with a median time on market of just 26 days, indicating a brisk pace of sales. The unit market, on the other hand, has seen negligible activity, with only one unit sold and no median days on market recorded.

The rental market for houses in Swan View has also seen notable growth, with average rents increasing by 9.6% over the last 12 months, reaching $628. The unit rental market remains inactive, with no recorded changes in rent.

HousesUnits
Median price
Past 3 months
$700KN/A
Change in value
Past 12 months
15.3%N/A
Sold
Past 3 months
351
Median days on market
Past 12 months
25N/A
Average rent
Past 12 months
$640N/A
Change in rent
Past 12 months
10.3%N/A

5 year median price trend for houses and units

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Swan View demographics

Swan View, located in the eastern suburbs of Perth, offers a serene lifestyle with a touch of suburban charm. Known for its proximity to the picturesque John Forrest National Park, residents enjoy easy access to natural beauty and outdoor activities. The suburb's median age of 44 suggests a mature community, with a mix of families and long-term residents who appreciate the peaceful environment and community spirit.

The housing landscape in Swan View is characterized by a high rate of home ownership, with 36.1% of properties owned outright and 42.7% owned with a mortgage. This reflects a stable community with many residents choosing to settle down and invest in their homes. The rental market is smaller, with only 21.2% of properties rented, appealing to those seeking a more permanent residence.

Family life is a significant aspect of Swan View, with 34.8% of households being couple families with children and 43.2% being couple families without children. One-parent families make up 20.2% of the community, indicating a supportive environment for diverse family structures. The suburb's median household income of $1403 per week aligns with its family-oriented nature, providing a comfortable living standard for its residents.

Swan View infrastructure, key developments and investment opportunities

There are currently no major redevelopment, infrastructure, or school upgrade projects reported for Swan View that are likely to impact the local property market. The suburb continues to benefit from its proximity to John Forrest National Park and established bus connections to Midland, ensuring access to amenities and public transport options remain stable.

Recent market activity shows strong demand, with short average days on market for homes and robust rental yields, but these trends appear driven by broader market dynamics rather than local development. No significant changes to local council planning or long-term vision have been announced that would influence Swan View’s desirability or property values at this time.

Swan View rental market trends

The rental market in Swan View has experienced growth, with house rents increasing by 9.6% over the past year to $628 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units. Swan View offers opportunities for investors focusing on house rentals in a growing market.

Suburbs near Swan View

Some popular suburbs near Swan View include:

How does Swan View compare to nearby suburbs?

  • Median house prices: Swan View’s median house price is 6.2% higher than Midvale’s.
  • House price growth: Over the past 12 months, house prices in Swan View have grown 0.0% higher than in High Wycombe.
  • Selling speed for houses: Properties in Swan View are selling 34.2% faster than in Midvale.
  • House price growth: Over the past 12 months, house prices in Swan View have grown 26.6% lower than the average rate of growth across Perth.

Common questions about Swan View

  • Is Swan View a nice place to live?

    Swan View is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled at the foothills of the Darling Range, it boasts a charming blend of natural beauty and suburban tranquility. The suburb is known for its lush greenery and proximity to the stunning John Forrest National Park, providing residents with ample opportunities for outdoor activities such as hiking and picnicking. This peaceful setting is perfect for families who appreciate a slower pace of life while still having access to essential amenities.

    The vibe in Swan View is relaxed and welcoming, with a strong sense of community that is appealing to both families and professionals. The suburb offers a mix of older homes and newer developments, catering to a diverse range of residents. While it may not have the bustling nightlife of inner-city areas, Swan View makes up for it with its close-knit community and the convenience of nearby Midland, where you can find shopping centers, cafes, and restaurants. Safety is generally not a major concern, adding to the suburb's appeal for families looking for a secure environment to raise their children.

    One of the trade-offs of living in Swan View is the lack of major redevelopment or infrastructure projects, which means that while the suburb maintains its charming character, it may not experience rapid growth or modernization. However, this stability is often seen as a positive aspect for those seeking a permanent residence. The suburb's established transport links to Midland ensure that residents can easily access urban amenities without sacrificing the tranquility of their home environment. Overall, Swan View offers a harmonious blend of nature and community, making it a lovely place to live for those who value peace and a strong sense of belonging.

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  • Is it expensive to live in Swan View?

    Living in Swan View can be a bit pricey, especially when you consider the current property market. The median house price is $683,000, which is a significant investment. Renting isn't exactly cheap either, with the average rent for houses sitting at about $628 per week. It's worth noting that there aren't any units available for rent, which limits options for those looking for more affordable housing.

    When you compare the local income data, the median total household income in Swan View is $1,403 per week. This is notably lower than the state average wage in Western Australia, which is $2,157 per week for full-time workers. This disparity suggests that a larger portion of household income might be needed to cover housing costs in Swan View, making it a more expensive place to live for those earning around the local median income.

    Overall, while Swan View offers a pleasant lifestyle with its proximity to natural attractions and amenities, the cost of living, particularly in terms of housing, might be a stretch for some. If you're thinking of living in Swan View, it's important to consider whether your financial situation can accommodate the higher housing expenses relative to the local income levels.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Swan View a good place to invest?

    Swan View is showing promising signs as a potential investment suburb, especially for those interested in the housing market. Over the past year, the median house value in Swan View has increased by an impressive 15.2%, indicating strong demand and potential for capital growth. This surge in house prices suggests that the suburb is becoming more desirable, possibly due to its appealing lifestyle, amenities, or proximity to key areas.

    In terms of rental income, houses in Swan View have also seen a significant increase, with rents rising by 9.6% over the last year. This suggests a healthy rental market, making it an attractive option for investors seeking steady rental returns. However, it's worth noting that the unit market hasn't experienced the same growth, with both median values and rents remaining unchanged. This could mean that houses are currently the more attractive investment option in Swan View.

    Overall, Swan View presents a strong case for investment, particularly in the housing sector. The combination of rising house values and rental income growth makes it a suburb worth considering for those looking to invest in real estate. While the unit market hasn't shown the same level of growth, the overall trends suggest a positive outlook for the suburb's property market.

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Choose the right real estate agents in Swan View

Choosing the right real estate agent in Swan View can have a big impact on your sale. While there are 82 real estate agents working in the suburb, but just 5 of them were responsible for 36.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 2.93%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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