With a capital gain of 7.69% for the last 12 months, Smithfield, 2164 has performed for property investments than its average annual 7.98% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Smithfield,2164 has racked up an average of 7.69% over the period. This ranks it number 353th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Smithfield are currently offering property investors an average price cut of -6.84% below the asking price at the moment.
On average over the past year, suburb has had 10.83 sales per month, which equates to 130 per year.
Smithfield has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.97% to date .
Smithfield is 270th on a list of best yielding suburbs for rents in NSW with a 4.20% return