Property trends for SA2

    SA2 covers the central and eastern areas of Swansea, including neighbourhoods such as Sketty, Killay, and Gowerton. It is a predominantly suburban district with a mix of residential communities and local amenities.

    At a Glance

    Average Property Price - SA2

    £306,272

    43

    National percentile

    Average Monthly Rent - SA

    £716

    10

    National percentile

    Average Net Household Income - SA2

    £28,304

    5

    National percentile

    Flat / Maisonette Yield - SA

    4.8%

    12

    National percentile

    10-Year Annualised Price Growth - SA2

    5.3%

    93

    National percentile

    10-Year Annualised Rent Growth - SA

    3.5%

    28

    National percentile

    Property Price & Volume Trends

    The latest average property price in SA2 stands at £306,000, placing it close to the national average. Over the past decade, the area has seen annualised price growth of 5.3%, which is among the fastest growth rates nationally. However, transaction volumes have softened: the latest year recorded 396 sales compared to a 10-year average of 511, suggesting reduced activity in the current market.

    Rent & Yield Trends

    Rental costs in the broader SA postcode area are well below the national average, with a typical monthly rent of £716. Ten-year rent growth of 3.5% has been slower than the national average. The current flat yield of 4.8% represents a notable improvement on the 10-year average of 4.1%, indicating strengthening returns for landlords in recent times.

    Income & Affordability Trends

    Average net household income in SA2 is £28,304, significantly below the national average. The price-to-income ratio of 9.5x has worsened substantially since 2016, when it stood at 7.1x, reflecting that purchase affordability has declined considerably. Rental affordability has improved: the rent-to-income ratio has fallen from 23.8% in 2016 to 21.7% today, easing the burden for tenants.

    Resident Demographic Profile

    The population skews notably older than average, with those aged 16–24 representing 19% of residents—significantly higher than the national figure of 11%—and those aged 65+ at 20.4%, above the national average of 19.6%. The working-age population under 15 is below average at 14.4%. Employment is heavily weighted towards professional roles, which account for 28.1% of the workforce, well above the national average of 20.5%; by contrast, trades and plant/machinery roles are underrepresented. Housing tenure is broadly similar to national patterns, with no significant departures.

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