Suburb Profile Report for Smithfield NSW (2164)

Smithfield House: Median price $735,000, Annual capital growth 8.66%, Number of sales 137, Weekly median advertised rent $450

Smithfield Unit: Median price $557,100, Annual capital growth 6.46%, Number of sales 13, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Smithfield, 2164 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.78%.

The five-year average increase in median property values for Smithfield,2164 has given property investors a potential capital gain of 83.75% across each of those five years.

At number 508th of NSW’s most discounted properties, Smithfield is in the middle of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 8.66%, investors should hope to achieve an overall return of 3.18%

NSW has seen average median house prices change by 6.07% which means that Smithfield, 2164 has done well for property investors by showing a capital gain of 26.61% over the last year

If we look at median property appreciation over just the last three months, Smithfield has given property investors a paper return of 7.13%. This puts Suburb as 65 on a list of fastest fasting appreciating suburbs in NSW

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 6.46%, investors should hope to achieve an overall return of 3.92%

Metrics i HOUSE UNIT
$735,000 $557,100
5.00% 7.13%
10.78% 26.61%
8.66% 6.46%
$450 $420
137 13
3.18% 3.92%
94.25 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 11018
Median household income ($/weekly) 970
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1490 13.5
    25-34 years 1480 13.4
    35-44 years 1494 13.6
    45-54 years 1391 12.6
    55-64 years 1158 10.5
    Others 4007 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 3895 47.9
    Not Married 3868 47.5
    Defacto Relationship 372 4.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5367 52.1
    Ireland 1089 10.6
    Japan 460 4.5
    Viet Nam 642 6.2
    Other 989 9.6
    Others 1755 17.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 915 9.0
    Christianity 7687 75.4
    Hinduism 96 0.9
    Islam 656 6.4
    No Religion 775 7.6
    Others 70 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 327 10.4
    $400-$599 407 12.9
    $600-$799 332 10.5
    $1,000-$1,249 305 9.7
    $1,500-$1,999 386 12.2
    Others 1396 44.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3941 48.0
    Employed, worked full-time 2502 30.5
    Employed, worked part-time 1076 13.1
    Unemployed, looking for work 356 4.3
    Employed, away from work 328 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 433 11.1
    Technicians & trades workers 616 15.8
    Clerical & administrative workers 635 16.3
    Machinery operators & drivers 544 13.9
    Labourers 511 13.1
    Others 1163 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 181 7.3
    Infants/Primary 830 33.5
    Secondary 744 30.1
    Technical or Further Educational Institution 310 12.5
    University or other Tertiary Institutions 335 13.5
    Others 75 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9217 88.2
    Semi-detached, row or terrace house, townhouse 844 8.1
    Flat, unit or apartment 297 2.8
    Caravan, cabin, houseboat 87 0.8
    House or flat attached to a shop, office 11 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1174 34.7
    Fully owned 1118 33.0
    Being purchased 1077 31.8
    Other tenure type 18 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals