Smithfield, 4878 ranked 530th in QLD when comparing growth in median property values or capital gain over the last 12 months. Smithfield is one of 2415 in our list for QLD
If we look at median property appreciation over just the last three months, Smithfield has given property investors a paper return of 1.20%. This puts Suburb as 325 on a list of fastest fasting appreciating suburbs in QLD
Smithfield, 4878 is offering QLD ‘s 591th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
In the last year 171 properties changed hands in Smithfield, which puts it as the 83th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 3.75%, investors should hope to achieve an overall return of 5.32%
Over the last year, property investments in Smithfield, 4878 have given investors a capital gain of 4.44%. This compares favourably with the 0.48% for QLD as a whole.
Comparing Smithfield,4878 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Smithfield is offering property investors an average of -6.15. This rate of discount on properties puts Suburb at number 273th in terms of most discounted suburbs in QLD
Property investors should expect to get $330 weekly from the median priced house in this suburb.