Smithfield is in the bottom 40% in QLD when comparing median price capital growth over the last year. Smithfield gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.
Smithfield,4878 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.
Smithfield4878 is located in QLD which offers an average discount of -7.29% to property investors. Smithfield itself is showing figures that indicate -4.73% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $420 mark per week – giving a return of 5.26% based on the median price in Suburb
Over the last year, property investments in Smithfield, 4878 have given investors a capital gain of 2.20%. This compares averagely with the 1.12% 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
Property buyers and investors in Smithfield 4878 should be seeing an average reduction in asking price of around -3.82% . This means that Smithfield is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Smithfield the average time real estate has been on the market is 93.33 days.
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 2.28%, investors should hope to achieve an overall return of 7.28%