Property investors who have had real estate in Smiths Lake, 2428 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.14%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Smiths Lake has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Smiths Lake are currently offering property investors an average price cut of -4.30% below the asking price at the moment.
Advertised rents are around the $355 mark per week – giving a return of 4.50% based on the median price in Suburb