AREA REPORTS

Smiths Beach

VIC/
Smiths beach

Suburb Profile

Smiths Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3922

house

Property investors have seen a -1.22% drop in SMITHS BEACH based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on SMITHS BEACH, 3922 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 32.02%.

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 $605,000

Profits averaged 9.76% per annum over a 3-year period, due to an upward trend in home prices in SMITHS BEACH, 3922.

This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.

The gross rental yield in SMITHS BEACH, 3922 is 2.84%.

An average of 1.58 real estate transactions take place per month in SMITHS BEACH which translates to 19 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $605,000 N/A
GROWTH REPORT
Median Quarterly -1.22% N/A
Median 12 month 32.02% N/A
Median 3 years 29.27% N/A
Median 5 years 62.42% N/A
10 years average annual 7.08% N/A
Weekly media advert. rent $330 N/A
Time on Market 84.9 days N/A
Gross Rental Yield Percent 2.84% N/A
demographics (median values)
Total Population
217
Weekly Household Income
987.9
Household Size
2.20
demographics
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