Suburb Profile Report for Smithfield Plains SA (5114)

Smithfield Plains House: Median price $186,000, Annual capital growth 0.36%, Number of sales 48, Weekly median advertised rent $270

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

Source: Monthly data update for Aug 2019 as supplied by CoreLogic. Data is reported to the period ending May 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

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%

Metrics i HOUSE UNIT
$186,000 N/A
3.33% N/A
6.59% N/A
0.36% N/A
$270 N/A
48 N/A
7.55% N/A
103.485714285714 N/A

Source: Monthly data update for Aug 2019 as supplied by CoreLogic. Data is reported to the period ending May 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2277
Median household income ($/weekly) 708
Median age of persons 28
Median housing loan repayment ($/monthly) 964
Average household size 2.6
  • Census Count Percent(%)
    0-4 years 230 10.1
    5-14 years 357 15.7
    25-34 years 347 15.2
    35-44 years 250 11.0
    45-54 years 271 11.9
    Others 822 36.1
    Age Group
    Census Count Percent(%)
    Not Married 863 57.4
    Registered Married 449 29.9
    Defacto Relationship 191 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1637 78.8
    Greece 10 0.5
    Papua New Guinea 16 0.8
    United Kingdom 209 10.1
    Other 139 6.7
    Others 66 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.7
    Christianity 959 49.7
    Islam 54 2.8
    Other Religious Groups 10 0.5
    No Religion 888 46.0
    Others 5 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 80 11.2
    $400-$599 133 18.6
    $600-$799 122 17.1
    $800-$999 75 10.5
    $1,000-$1,249 66 9.2
    Others 239 33.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 777 50.6
    Employed, worked full-time 368 23.9
    Employed, worked part-time 222 14.4
    Unemployed, looking for work 126 8.2
    Employed, away from work 44 2.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 84 13.3
    Community & personal service workers 88 14.0
    Sales 64 10.2
    Machinery operators & drivers 110 17.5
    Labourers 156 24.8
    Others 128 20.3
    Occupation
    Census Count Percent(%)
    Pre-school 50 9.7
    Infants/Primary 232 44.9
    Secondary 134 25.9
    Technical or Further Educational Institution 55 10.6
    Other type of educational institution 26 5.0
    Others 20 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1789 84.7
    Semi-detached, row or terrace house, townhouse 210 9.9
    Flat, unit or apartment 112 5.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 412 53.9
    Being purchased 238 31.1
    Fully owned 112 14.6
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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