SMITHTON 7330
State: TASPosiProp AI Investment Summary
SMITHTON (TAS 7330) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.2% and has experienced a 12-month capital growth of Up 1.3%, with a median house buy price of $390,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$330,000
$372,500
$435,000
$390,000
Suburb Market Profile
Last month Smithton had 9 properties available for rent and 44 properties for sale. Median property prices over the last year range from $390,000 for houses to $330,000 for units. If you are looking for an investment property, consider houses in Smithton rent out for $400 PW with an annual rental yield of 5.2% and units rent for $300 PW with a rental yield of 4.0%. Smithton has seen an annual compound growth rate of 1.3% for houses and -8.3% for units.