Property value increases in Smithton have tracked lower than the TAS average of 3.08% over the last 12 months.
Taking the average capital gain, or increase in median house value, Smithton,7330 has racked up an average of -27.14% over the period. This ranks it number 3494th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Smithton is $178500, with sellers offering an average of -7.40% off the asking price.
A $230 per week rent on the median house gives suburb investors a gross yield of circa 6.70%, without taking into account capital value appreciation, which has been averaging out at 2.49%.