Investment property in Smithfield Plains has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.59%
Taking the average capital gain, or increase in median house value, Smithfield Plains,5114 has racked up an average of 6.59% over the period. This ranks it number 2565th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Smithfield Plains is offering property investors an average of -6.81. This rate of discount on properties puts Suburb at number 68th in terms of most discounted suburbs in SA
Residents and property investors in Smithfield Plains have been waiting around 103.486 days to sell a property.
With the median price for a house in Smithfield Plains being $186000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 7.55%