Smithfield is a smaller suburb in South Australia within the Playford local government area (postcode 5114). With a population of 2,482, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $55K per year, with an average household size of 2.5 people. The most common occupations are labourers, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Smithfield is $680,000, having surged 23.6% over the past year. Units have a median price of $365,000 (+35.2% YoY). The current median weekly rent is $356. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,100.
Public transport access includes 1 rail station, 16 bus stops. The crime rate in the Playford LGA is higher than average at 42,909 incidents per 100,000 population.
From an investment perspective, Smithfield offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($680K/$950K). The price-to-income ratio of 12.5x is considered stretched. House prices have moved +23.6% year-on-year.
Smithfield is a smaller suburb in South Australia within the Playford local government area (postcode 5114). With a population of 2,482, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $55K per year, with an average household size of 2.5 people. The most common occupations are labourers, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Smithfield is $680,000, having surged 23.6% over the past year. Units have a median price of $365,000 (+35.2% YoY). The current median weekly rent is $356. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,100.
Public transport access includes 1 rail station, 16 bus stops. The crime rate in the Playford LGA is higher than average at 42,909 incidents per 100,000 population.
From an investment perspective, Smithfield offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($680K/$950K). The price-to-income ratio of 12.5x is considered stretched. House prices have moved +23.6% year-on-year.