With a capital gain of 3.49% for the last 12 months, Smithfield, 4878 has performed for property investments than its average annual 3.69% property growth over the last 5 years.
Smithfield,4878 was ranked 1681 in Australia by increase in median property value over the quarter.
The most recent median price for Smithfield is $429500, with sellers offering an average of -5.34% off the asking price.
With the median price for a house in Smithfield being $429500 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 5.21%
If you compare the increase in value of investment property in Smithfield, 4878 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.31%.
Smithfield,4878 was ranked 960 in Australia by increase in median property value over the quarter.
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 Smithfield, 4878. Typically our figures indicate that -3.55% is being offered, which puts this QLD suburb at 1137th most discounted overall in Australia.
Residents and property investors in Smithfield have been waiting around 71.16 days to sell a property.
Smithfield, 4878’s gross rental yield is 7.27%