Property investors who have had real estate in Smithfield, 4878 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Comparing Smithfield,4878 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Smithfield are currently offering property investors an average price cut of -4.83% below the asking price at the moment.
Smithfield, 4878’s gross rental yield is 5.39%
With a capital gain of 1.75% for the last 12 months, Smithfield, 4878 has performed for property investments than its average annual 2.45% property growth over the last 5 years.
Across a shorter period, Smithfield, 4878 has seen a median price increase of 1.31% over the last quarter.
Sellers are offering property buyers an average discount of -3.82% to buyers in Smithfield at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.
Advertised rents are around the $330 mark per week – giving a return of 7.40% based on the median price in Suburb