Suburb Profile Report for Smithton TAS (7330)

Smithton House: Median price $207,500, Annual capital growth 3.67%, Number of sales 45, Weekly median advertised rent $225

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

Source: CoreLogic

  • House Report

Smithton has had a quite poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -0.24% to date .

Across a shorter period, Smithton, 7330 has seen a median price increase of 3.11% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Smithton is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 86th in terms of most discounted suburbs in TAS

Advertised rents are around the $225 mark per week – giving a return of 5.64% based on the median price in Suburb

HOUSE UNIT
$207,500 N/A
3.11% N/A
-0.24% N/A
3.67% N/A
$225 N/A
45 N/A
5.64% N/A
137.61 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 3934
Median household income ($/weekly) 893
Median age of persons 38
Median housing loan repayment ($/monthly) 1092
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 585 14.9
    25-34 years 420 10.7
    35-44 years 503 12.8
    45-54 years 534 13.6
    55-64 years 457 11.6
    Others 1435 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 1376 49.6
    Not Married 1030 37.1
    Defacto Relationship 368 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3537 94.0
    New Zealand 16 0.4
    Papua New Guinea 77 2.0
    United Kingdom 62 1.6
    Other 17 0.5
    Others 54 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 2539 72.4
    No Religion 945 27.0
    Buddhism 13 0.4
    Islam 6 0.2
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 150 10.9
    $400-$599 204 14.8
    $600-$799 173 12.5
    $800-$999 145 10.5
    $1,500-$1,999 181 13.1
    Others 529 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1091 37.0
    Employed, worked full-time 1049 35.6
    Employed, worked part-time 582 19.7
    Employed, away from work 140 4.7
    Unemployed, looking for work 88 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 242 13.7
    Technicians & trades workers 257 14.5
    Clerical & administrative workers 173 9.8
    Machinery operators & drivers 208 11.7
    Labourers 406 22.9
    Others 486 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 36 4.5
    Infants/Primary 362 45.1
    Secondary 267 33.3
    Technical or Further Educational Institution 85 10.6
    University or other Tertiary Institutions 30 3.7
    Others 23 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3389 92.3
    Flat, unit or apartment 223 6.1
    House or flat attached to a shop, office 36 1.0
    Improvised home, tent, sleepers out 16 0.4
    Semi-detached, row or terrace house, townhouse 7 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 571 38.1
    Fully owned 503 33.6
    Rented 415 27.7
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
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