VIC has seen average median house prices change by 2.87% which means that Smiths Beach, 3922 has done well for property investors by showing a capital gain of -4.77% over the last year
Over the longer term, Smiths Beach has seen property prices show investors a 36.01% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -7.64% to buyers in Smiths Beach at the moment, which is less than average for the rest of VIC.
At number 3416 in a list of fastest selling suburbs, Smiths Beach is in the bottom 10% of suburbs in Australia with an average of days on market 127.2 for properties listed there.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 2.86%, without taking into account capital value appreciation, which has been averaging out at 8.04%.