At number 4292th 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 -21.36% recorded in median house prices.
The five-year average increase in median property values for Smithton,7330 has given property investors a potential capital gain of -1.14% across each of those five years.
At number 35th of TAS’s most discounted properties, Smithton is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Smithton the average time real estate has been on the market is 113 days.
Renters in Suburb are facing rents around $13000 per annum or $250 every week.
Property investors who have had real estate in Smithton, 7330 should be pleased 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 36.52%
Over the longer term, Smithton has seen property prices show investors a 4.58% return over the last 3 years. This is an improvement over the last 12 months
The TAS suburb of Smithton, 7330 is in the Circular Head (M) local government area.