Suburb Profile Report for Smithton TAS (7330)

Smithton House: Median price $216,000, Annual capital growth 1.00%, Number of sales 101, Weekly median advertised rent $260

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property value increases in Smithton have tracked just lower than the TAS average of 9.78% over the last 12 months.

While Smithton,7330 ranked number 170th in TAS for increase in median house value (annualised) increase, it is ranked 167th over the last 5 years.

The most recent median price for Smithton is $216000, with sellers offering an average of -6.55% off the asking price.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 1.00%, investors should hope to achieve an overall return of 6.26%

Metrics i HOUSE UNIT
$216,000 N/A
-1.82% N/A
6.67% N/A
1.00% N/A
$260 N/A
101 N/A
6.26% N/A
122.25 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Below 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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