Suburb Profile Report for Smithfield QLD (4878)

Smithfield House: Median price $415,000, Annual capital growth 4.02%, Number of sales 182, Weekly median advertised rent $420

Smithfield Unit: Median price $227,750, Annual capital growth 2.75%, Number of sales 22, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report
  • Unit Report

Smithfield, 4878 ranked 550th 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

When looking at the potential capital gains offered to property investors over the last 3 years, Smithfield comes in at number 426th in QLD.

Our latest figures would indicate that property sellers in Smithfield are currently offering property investors an average price cut of -4.42% below the asking price at the moment.

The QLD suburb of Smithfield, 4878 is in the Cairns local government area.

With a capital gain of -0.11% for the last 12 months, Smithfield, 4878 has performed for property investments than its average annual 2.75% property growth over the last 5 years.

Smithfield,4878 was ranked 747 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Smithfield is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 248th in terms of most discounted suburbs in QLD

Situated 1399.79km from the CBD, Smithfield is one of Cairns localities in the postcode 4878.

HOUSE UNIT
$415,000 $227,750
0.00% 0.66%
0.00% -0.11%
4.02% 2.75%
$420 $315
182 22
5.26% 7.19%
82.47 110.54

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 3707
Median household income ($/weekly) 1235
Median age of persons 36
Median housing loan repayment ($/monthly) 1746
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 465 12.5
    25-34 years 440 11.9
    35-44 years 546 14.7
    45-54 years 605 16.3
    55-64 years 413 11.1
    Others 1237 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 1178 46.1
    Not Married 1060 41.5
    Defacto Relationship 316 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2559 75.0
    Papua New Guinea 123 3.6
    Philippines 38 1.1
    United Kingdom 227 6.7
    Other 158 4.6
    Others 307 9.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 68 2.1
    Christianity 2105 65.0
    Islam 32 1.0
    Other Religious Groups 26 0.8
    No Religion 976 30.1
    Others 32 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 109 9.6
    $600-$799 115 10.1
    $1,000-$1,249 113 9.9
    $1,500-$1,999 170 15.0
    $2,000-$2,499 122 10.7
    Others 507 44.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1097 39.4
    Not in the labour force 800 28.7
    Employed, worked part-time 624 22.4
    Employed, away from work 135 4.8
    Unemployed, looking for work 128 4.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 346 18.6
    Technicians & trades workers 307 16.5
    Community & personal service workers 242 13.0
    Clerical & administrative workers 259 14.0
    Sales 224 12.1
    Others 478 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 41 4.3
    Infants/Primary 318 33.4
    Secondary 188 19.8
    Technical or Further Educational Institution 58 6.1
    University or other Tertiary Institutions 322 33.9
    Others 24 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2992 90.3
    Flat, unit or apartment 190 5.7
    Semi-detached, row or terrace house, townhouse 127 3.8
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 511 40.0
    Rented 443 34.7
    Fully owned 319 25.0
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
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