Property investors have seen a -19.8% drop in SMITHS BEACH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SMITHS BEACH, 3922 saw average growth in the long term.
The VIC suburb also 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 $788,000
Profits averaged -9.33% per annum over a 3-year period, due to an downward trend in home prices in SMITHS BEACH, 3922.
This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
The gross rental yield in SMITHS BEACH, 3922 is N/A.
An average of 1.67 real estate transactions take place per month in SMITHS BEACH which translates to 20 per annum.