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Smithtown
AREA REPORTS

Smithtown

Smithtown - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2440

house

Based on its average 5-year and quarterly capital gains SMITHTOWN, 2440 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SMITHTOWN, 2440 obtained a 7.13% growth over a ten-year period. It ranks 627th on our list of suburbs that property investors should look into.

SMITHTOWN, 2440 in NSW belongs to the local government area of Kempsey (A).

With the median home price in SMITHTOWN sitting at $340,000, and the average rent at $320, property owners could potentially earn a 4.89% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in SMITHTOWN are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Smithtown
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,000 N/A
GROWTH REPORT
Median Quarterly 6.25% N/A
Median 12 month N/A N/A
Median 3 years 41.08% N/A
Median 5 years 54.55% N/A
10 years average annual 7.13% N/A
Weekly media advert. rent $320 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 4.89% N/A
demographics (median values)*
Total Population
21819
Weekly Household Income
905
Household Size
2.40
Age
45
Monthly Loan Repayment
1274
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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