Smithfield is a well-established suburb in New South Wales within the Fairfield local government area (postcode 2164). With a population of 13,160, the suburb has an established demographic with a median age of 38. Households earn a median income of $68K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Vietnamese.
The median house price in Smithfield is $1.2 million, having declined 4.9% over the past year. Units have a median price of $1.4 million (+4.9% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,167.
Smithfield is served by 2 schools, including 2 primary. The average ICSEA score is 970, which is around the national average of 1,000. Public transport access includes 1 rail station, 90 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Smithfield offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 18.4x is considered stretched. House prices have moved -4.9% year-on-year.
Smithfield is a well-established suburb in New South Wales within the Fairfield local government area (postcode 2164). With a population of 13,160, the suburb has an established demographic with a median age of 38. Households earn a median income of $68K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Vietnamese.
The median house price in Smithfield is $1.2 million, having declined 4.9% over the past year. Units have a median price of $1.4 million (+4.9% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,167.
Smithfield is served by 2 schools, including 2 primary. The average ICSEA score is 970, which is around the national average of 1,000. Public transport access includes 1 rail station, 90 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Smithfield offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 18.4x is considered stretched. House prices have moved -4.9% year-on-year.