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Smithton

POSTAL CODE: TAS, 7330
HOUSE

SMITHTON, 7330 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $385,000.

Profits due to an upward trend in home prices in the suburb averaged 2.81% per annum over a 3-year period.

SMITHTON now ranks at the 155th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $400 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In SMITHTON, homes and units usually stay on listing for an average of 70.8 days.

In 2016, 77 properties were sold in SMITHTON during the past year, making it the 16th most active market in TAS based on total real estate transactions.

Surburb overview

Smithton, a bustling town located on the north-west coast of Tasmania, is approximately 86 kilometres west of Burnie and serves as the commercial centre for the Circular Head region. Known for its rich agricultural and forestry industries, Smithton offers a blend of rural charm and modern conveniences.

Smithton has a population of around 3,500 residents. The demographic profile includes a mix of families, professionals, and retirees, contributing to a diverse and vibrant community. The town’s economy is largely supported by dairy farming, beef production, and timber, which play a crucial role in its development and prosperity.

Smithton falls under the jurisdiction of the Circular Head Council local government area. The council is committed to supporting the town's growth by maintaining infrastructure and providing essential services to residents. The local government also actively promotes community events and initiatives that enhance the quality of life.

Public transportation in Smithton is relatively well-developed, with bus services connecting the town to Burnie and other neighbouring areas. These services ensure that residents can commute efficiently for work, education, and leisure activities.

Smithton offers a range of key establishments and amenities to meet the needs of its residents. The town is home to several schools, including Smithton Primary School and Circular Head Christian School, which cater to students from kindergarten through to secondary education. The presence of these educational institutions makes Smithton an attractive place for families.

For healthcare, Smithton has a local hospital, Smithton District Hospital, which provides essential medical services to the community. Additionally, there are several medical clinics and pharmacies, ensuring residents have access to comprehensive healthcare.

Shopping and dining options in Smithton are plentiful. The town boasts a variety of shops, supermarkets, cafes, and restaurants that cater to diverse tastes and preferences. Local businesses and markets offer fresh produce and locally made products, supporting the town's economy and providing residents with high-quality goods.

Recreational activities in Smithton are abundant, with a strong focus on outdoor pursuits. The town is surrounded by natural beauty, including the scenic Duck River and the nearby Tarkine wilderness area. These natural attractions offer opportunities for fishing, hiking, birdwatching, and exploring Tasmania's unique flora and fauna.

Smithton's combination of rural charm, modern amenities, and strong community spirit makes it a desirable place to live. Its supportive local government, access to essential services, and abundant recreational opportunities offer residents a balanced and fulfilling lifestyle in a welcoming environment.

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