Suburb Profile Report for Smiths Lake NSW (2428)

Smiths Lake House: Median price $382,500, Annual capital growth 2.97%, Number of sales 61, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

Investment property in Smiths Lake has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.25%

Over the longer term, Smiths Lake has seen property prices show investors a 20.28% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Smiths Lake is $382500, with sellers offering an average of -4.48% off the asking price.

In the last year 61 properties changed hands in Smiths Lake, which puts it as the 532th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $320 and the average annual increase in value of a median property of 2.97%, investors should hope to achieve an overall return of 4.35%

HOUSE UNIT
$382,500 N/A
3.38% N/A
6.25% N/A
2.97% N/A
$320 N/A
61 N/A
4.35% N/A
107.3 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (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
Chart Table
Recent sales & rentals