Suburb Profile Report for Smiths Lake NSW (2428)

Smiths Lake House: Median price $410,000, Annual capital growth 3.70%, Number of sales 69, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report

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

Metrics i HOUSE UNIT
$410,000 N/A
2.76% N/A
17.14% N/A
3.70% N/A
$355 N/A
69 N/A
4.50% N/A
112.32 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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
Chart Table
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