Investment property in Smiths Lake has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.40%
If we look at median property appreciation over just the last three months, Smiths Lake has given property investors a paper return of 0.61%. This puts Suburb as 1030 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Smiths Lake, 2428. Typically our figures indicate that -4.25% is being offered, which puts this NSW suburb at 3042th most discounted overall in Australia.
With the median price for a house in Smiths Lake being $412500 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 4.48%