Suburb Profile Report for Smiths Lake NSW (2428)

Smiths Lake House: Median price $422,500, Annual capital growth 4.09%, Number of sales 75, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

With a capital gain of 4.97% for the last 12 months, Smiths Lake, 2428 has performed for property investments than its average annual 4.09% property growth over the last 5 years.

Smiths Lake,2428 has offered an average of 4.97% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Smiths Lake is giving property investors an average Vendor Discount of around -4.21%. This puts suburb at number 756th in NSW when ranking the most discounted suburbs.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.43%, without taking into account capital value appreciation, which has been averaging out at 4.09%.

Metrics i HOUSE UNIT
$422,500 N/A
3.05% N/A
4.97% N/A
4.09% N/A
$360 N/A
75 N/A
4.43% N/A
116.01 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1076
Median household income ($/weekly) 795
Median age of persons 43
Median housing loan repayment ($/monthly) 1100
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 144 13.4
    35-44 years 149 13.8
    45-54 years 163 15.1
    55-64 years 161 15.0
    65-74 years 140 13.0
    Others 319 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 376 50.5
    Not Married 282 37.9
    Defacto Relationship 86 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 900 86.5
    Greece 17 1.6
    Papua New Guinea 18 1.7
    United Kingdom 62 6.0
    Other 11 1.1
    Others 32 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 645 65.7
    No Religion 315 32.1
    Buddhism 22 2.2
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 61 17.1
    $600-$799 65 18.3
    $800-$999 53 14.9
    $1,000-$1,249 39 11.0
    $1,500-$1,999 32 9.0
    Others 106 29.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 399 49.2
    Employed, worked part-time 181 22.3
    Employed, worked full-time 163 20.1
    Unemployed, looking for work 39 4.8
    Employed, away from work 29 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 65 17.6
    Technicians & trades workers 76 20.5
    Community & personal service workers 43 11.6
    Sales 33 8.9
    Labourers 69 18.6
    Others 84 22.7
    Occupation
    Census Count Percent(%)
    Pre-school 25 10.7
    Infants/Primary 88 37.6
    Secondary 74 31.6
    Technical or Further Educational Institution 23 9.8
    University or other Tertiary Institutions 18 7.7
    Others 6 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 990 99.7
    Flat, unit or apartment 3 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 161 40.1
    Fully owned 149 37.2
    Rented 88 21.9
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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