Smithfield Plains (postcode 5114) is a compact suburb in South Australia within the Playford local government area. It is home to about 3,305 residents, with a younger, working-age population and a median age of 29. Households earn a median income of $52K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, community & personal service, machinery operators & drivers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Smithfield Plains has a median house price of $686,000, which has surged by 28.2% year-on-year. The current median weekly rent is $488. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,092.
Smithfield Plains is served by 1 school, including 1 primary. The average ICSEA score is 903, which is below the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Playford LGA is higher than average at 13,434 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.7% (moderate yield). Property prices are near the state median ($686K/$950K). The price-to-income ratio of 13.1x is considered stretched. House prices have moved +28.2% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.