Suburb Profile Report for Smithfield QLD (4878)

Smithfield House: Median price $420,000, Annual capital growth 3.75%, Number of sales 171, Weekly median advertised rent $430

Smithfield Unit: Median price $235,000, Annual capital growth 3.11%, Number of sales 19, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$420,000 $235,000
1.20% 1.08%
1.20% 4.44%
3.75% 3.11%
$430 $330
171 19
5.32% 7.30%
84.69 83.42

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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