Smithton is a smaller suburb in Tasmania within the Circular Head local government area (postcode 7330). With a population of 3,934, the suburb has an established demographic with a median age of 42. Households earn a median income of $62K per year, with an average household size of 2.3 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Smithton is $385,000, having grown strongly 6.2% over the past year. Units have a median price of $310,000 (-12.7% YoY). The current median weekly rent is $390. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,083.
Smithton is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 872, which is well below the national average of 1,000. Public transport access includes 1 rail station.
From an investment perspective, Smithton offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($385K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +6.2% year-on-year.
Smithton is a smaller suburb in Tasmania within the Circular Head local government area (postcode 7330). With a population of 3,934, the suburb has an established demographic with a median age of 42. Households earn a median income of $62K per year, with an average household size of 2.3 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Smithton is $385,000, having grown strongly 6.2% over the past year. Units have a median price of $310,000 (-12.7% YoY). The current median weekly rent is $390. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,083.
Smithton is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 872, which is well below the national average of 1,000. Public transport access includes 1 rail station.
From an investment perspective, Smithton offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($385K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +6.2% year-on-year.