Smithfield, 4878 ranked 516th 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
A 20.00% growth in median value for property investors in Smithfield,4878 puts this suburb at number 337th in terms of best performing suburbs in QLD
The most recent median price for Smithfield is $420000, with sellers offering an average of -4.98% off the asking price.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 3.81%, investors should hope to achieve an overall return of 5.32%
At number 838th in the list of Australian suburbs ordered by increase in median house value over the last year, Smithfield, 4878 is in the top half with a property value increase of 3.07% recorded in median house prices.
If we look at median property appreciation over just the last three months, Smithfield has given property investors a paper return of 1.08%. This puts Suburb as 96 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Smithfield are currently offering property investors an average price cut of -3.37% below the asking price at the moment.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 4.64%, investors should hope to achieve an overall return of 7.30%