Investment property in Smiths Beach has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.27%
While Smiths Beach,3922 ranked number 302th in VIC for increase in median house value (annualised) increase, it is ranked 614th over the last 5 years.
Vendor discounting in Smiths Beach is giving property investors an average Vendor Discount of around -6.24%. This puts suburb at number 241th in VIC when ranking the most discounted suburbs.
Smiths Beach, 3922’s gross rental yield is 3.66%