Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
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 12.62% growth over a ten-year period. It ranks 3093rd 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 $285,000, and the average rent at $310, property owners could potentially earn a 5.66% increase in gross rental yield.
A 22.32% increase in median property prices in SMITHTOWN, 2440 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 87th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $285,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.55% | N/A |
| Median 12 month | 22.32% | N/A |
| Median 3 years | 29.55% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 12.62% | N/A |
| Weekly media advert. rent | $310 | N/A |
| Time on Market | 82.6 days | N/A |
| Gross Rental Yield Percent | 5.66% | N/A |
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