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Smithfield Plains

POSTAL CODE: SA, 5114
HOUSE

Property investments in SMITHFIELD PLAINS fare well against the rest of the country last year, registering a median home price increase of 12%.

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

Based on its average 5-year and quarterly capital gains SMITHFIELD PLAINS, 5114 saw average growth in the long term.

Real estate investors could earn a rental income of $520 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 44 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $560,000.

SMITHFIELD PLAINS ranks 24th on the list of best yielding suburbs for rental properties in SA, posting a 4.83% return.

Surburb overview

Smithfield Plains, located approximately 30 kilometres north of Adelaide’s central business district, is a residential suburb within the City of Playford. Known for its affordable housing and family-friendly environment, Smithfield Plains has undergone significant development in recent years, with newer housing estates attracting a mix of families, young professionals, and retirees. The suburb’s convenient location, along with access to essential amenities and transport links, makes it a popular choice for those seeking a balanced suburban lifestyle.

Public transportation in Smithfield Plains is well-developed, with the nearby Smithfield railway station providing regular train services to Adelaide’s CBD, making commuting easy for residents. Several bus routes also service the area, connecting the suburb to nearby hubs such as Elizabeth and Gawler. For those who drive, Smithfield Plains is well-connected by Main North Road and the Northern Expressway, offering convenient access to the city and surrounding areas.

Smithfield Plains offers a variety of essential services and amenities. The nearby Munno Para Shopping City provides residents with supermarkets, retail stores, cafes, and essential services such as banks and medical clinics. In addition, the larger Elizabeth City Centre, just a short drive away, offers a wide range of retail, dining, and entertainment options. Healthcare services are easily accessible, with local medical clinics and the Lyell McEwin Hospital in nearby Elizabeth offering comprehensive care.

Recreational opportunities in Smithfield Plains are plentiful, with several parks and green spaces providing areas for outdoor activities. The suburb is home to Stebonheath Park, which offers playgrounds, sports fields, and walking trails, making it popular with families and fitness enthusiasts. The nearby Playford Sports Precinct also provides a variety of sporting facilities, including football fields, tennis courts, and community centres.

With its affordable housing options, access to essential amenities, and proximity to transport links, Smithfield Plains offers a practical and comfortable lifestyle for a wide range of residents. Its combination of suburban tranquillity and convenient access to shopping, healthcare, and recreational spaces makes it an appealing location for those seeking value and convenience in Adelaide’s northern region.

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