At number 4086th in the list of Australian suburbs ordered by increase in median house value over the last year, Smithton, 7330 is in the BOTTOM 10% with a property value increase of -18.35% recorded in median house prices.
Across a shorter period, Smithton, 7330 has seen a median price increase of 10.92% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Smithton is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 24th in terms of most discounted suburbs in TAS
A $200 per week rent on the median house gives suburb investors a gross yield of circa 5.25%, without taking into account capital value appreciation, which has been averaging out at 2.81%.