Property trends for Swansea (SA)

The average property price in SA is £225,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 3.6% annually—significantly faster than the typical UK trend, demonstrating sustained recovery despite the region's lower absolute price point.

Average monthly rent stands at £717, well below the national average. Rental growth over ten years has been modest at 3.5% annually, slightly slower than the UK trend. The current flat yield of 5.4% remains attractive and has held steady, offering investors reasonable returns in a low-price-point market.

Average household income is £34,000, notably below the national median. The price-to-income ratio of 6.5x has edged up since 2016 (when it was 6.1x), indicating that property affordability has tightened slightly despite moderate price growth. Rental affordability has improved meaningfully: the rent-to-income ratio has fallen from 23.6% in 2016 to 21.2% today, a welcome shift for tenants.

The population is notably older than the UK average: nearly 26% are aged 65 and over, compared to 20% nationally, whilst those aged 16–24 are underrepresented at 9%. The tenure profile is distinctly weighted towards outright ownership at 45%, well above the national 34%, reflecting both an ageing population and lower prices. In employment, the trades sector is particularly strong at 17%—well above the 11% national average—and the caring professions are also overrepresented at 12%, whilst professional occupations are below average.