Property trends for SA9

    SA9 covers the Neath and Dulais valleys in south Wales, situated in the eastern part of Swansea. The area combines former industrial heritage with rural character, offering affordable housing in a landscape of natural beauty.

    At a Glance

    Average Property Price - SA9

    £190,259

    10

    National percentile

    Average Monthly Rent - SA

    £716

    10

    National percentile

    Average Net Household Income - SA9

    £31,986

    14

    National percentile

    Flat / Maisonette Yield - SA

    4.8%

    12

    National percentile

    10-Year Annualised Price Growth - SA9

    5.2%

    92

    National percentile

    10-Year Annualised Rent Growth - SA

    3.5%

    28

    National percentile

    Property Price & Volume Trends

    The latest average property price in SA9 is £190,000, placing it among the most affordable postcode districts nationally. Despite this low starting point, the area has seen strong price growth over the past decade, with 10-year annualised appreciation of 5.2%—well above the national average. Transaction activity has softened recently, with 150 sales in the latest full year compared to a 10-year average of 193 per year.

    Rent & Yield Trends

    Average monthly rents in the wider SA area stand at £716, significantly below the national average. Rental growth over ten years has been modest at 3.5% annually, lagging national performance. Yields have improved, however: the current flat yield of 4.8% is above the 10-year average of 4.1%, reflecting a favourable rental return relative to capital values.

    Income & Affordability Trends

    Average household income in SA9 is £32,000, below the national average. The price-to-income ratio of 5.6x has deteriorated since 2016 (when it stood at 4.5x), indicating that purchasing power has been squeezed relative to asking prices. Rental affordability has improved markedly: the rent-to-income ratio has fallen from 23.8% to 21.7%, suggesting that renters' housing costs relative to earnings have eased.

    Resident Demographic Profile

    SA9 has a notably older population profile, with over a quarter aged 65 and above (compared to a national average of 19.6%) and those aged 50–64 accounting for 22.2% versus 19.8% nationally. Outright home ownership is high at 43.2%, well above the national norm of 33.7%, while private renting is comparatively low at 11.9%. The employment mix is distinctive, with trades workers significantly over-represented at 14.9% against a national average of 10.5%, and caring professions also elevated at 13.7% versus 9.2% nationally.

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