Smithfield has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.87% to date .
If we look at median property appreciation over just the last three months, Smithfield has given property investors a paper return of -2.27%. This puts Suburb as 745 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Smithfield is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 534th in terms of most discounted suburbs in QLD
A $460 per week rent on the median house gives suburb investors a gross yield of circa 5.56%, without taking into account capital value appreciation, which has been averaging out at 1.36%.