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 was ranked 2416 in Australia by increase in median property value over the quarter.
At number 696th of QLD’s most discounted properties, Smithfield is in the TOP 20% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 14.58 sales per month, which equates to 175 per year.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at 3.78%.
With a capital gain of 1.32% for the last 12 months, Smithfield, 4878 has performed for property investments than its average annual 1.06% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Smithfield comes in at number 14th in QLD.
The most recent median price for Smithfield is $230000, with sellers offering an average of -4.13% off the asking price.