Suburb Profile Report for Smithton TAS (7330)

Smithton House: Median price $177,500, Annual capital growth -0.37%, Number of sales 70, Weekly median advertised rent $250

Smithton Unit: Median price $180,000, Annual capital growth 1.41%, Number of sales 11, Weekly median advertised rent $195

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

At number 4153th in the list of Australian suburbs ordered by increase in median house value over the last year, Smithton, 7330 is in the BOTTOM 10% with a property value increase of -18.48% recorded in median house prices.

A 14.52% growth in median value for property investors in Smithton,7330 puts this suburb at number 200th in terms of best performing suburbs in TAS

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Smithton, 7330. Typically our figures indicate that -8.21% is being offered, which puts this TAS suburb at 515th most discounted overall in Australia.

Smithton, 7330’s gross rental yield is 7.32%

Property investors who have had real estate in Smithton, 7330 should be ok with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.41%

Smithton,7330 was ranked 1642 in Australia by increase in median property value over the quarter.

Metrics i HOUSE UNIT
$177,500 $180,000
-8.97% -18.18%
-18.48% 1.41%
-0.37% 1.41%
$250 $195
70 11
7.32% 5.63%
117.15 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3934
Median household income ($/weekly) 893
Median age of persons 38
Median housing loan repayment ($/monthly) 1092
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 585 14.9
    25-34 years 420 10.7
    35-44 years 503 12.8
    45-54 years 534 13.6
    55-64 years 457 11.6
    Others 1435 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 1376 49.6
    Not Married 1030 37.1
    Defacto Relationship 368 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3537 94.0
    New Zealand 16 0.4
    Papua New Guinea 77 2.0
    United Kingdom 62 1.6
    Other 17 0.5
    Others 54 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 2539 72.4
    No Religion 945 27.0
    Buddhism 13 0.4
    Islam 6 0.2
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 150 10.9
    $400-$599 204 14.8
    $600-$799 173 12.5
    $800-$999 145 10.5
    $1,500-$1,999 181 13.1
    Others 529 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1091 37.0
    Employed, worked full-time 1049 35.6
    Employed, worked part-time 582 19.7
    Employed, away from work 140 4.7
    Unemployed, looking for work 88 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 242 13.7
    Technicians & trades workers 257 14.5
    Clerical & administrative workers 173 9.8
    Machinery operators & drivers 208 11.7
    Labourers 406 22.9
    Others 486 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 36 4.5
    Infants/Primary 362 45.1
    Secondary 267 33.3
    Technical or Further Educational Institution 85 10.6
    University or other Tertiary Institutions 30 3.7
    Others 23 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3389 92.3
    Flat, unit or apartment 223 6.1
    House or flat attached to a shop, office 36 1.0
    Improvised home, tent, sleepers out 16 0.4
    Semi-detached, row or terrace house, townhouse 7 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 571 38.1
    Fully owned 503 33.6
    Rented 415 27.7
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
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