Smiths Beach is a quiet locality in Victoria within the Bass Coast local government area (postcode 3922). With a population of 315, the suburb has a mature demographic with a median age of 51. Households earn a median income of $61K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Smiths Beach is $870,000, having dropped significantly 9.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,600.
Public transport access includes 2 bus stops. The crime rate in the Bass Coast LGA is higher than average at 8,622 incidents per 100,000 population.
From an investment perspective, Smiths Beach offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($870K/$875K). The price-to-income ratio of 14.2x is considered stretched. House prices have moved -9.1% year-on-year.
Smiths Beach is a quiet locality in Victoria within the Bass Coast local government area (postcode 3922). With a population of 315, the suburb has a mature demographic with a median age of 51. Households earn a median income of $61K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Smiths Beach is $870,000, having dropped significantly 9.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,600.
Public transport access includes 2 bus stops. The crime rate in the Bass Coast LGA is higher than average at 8,622 incidents per 100,000 population.
From an investment perspective, Smiths Beach offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($870K/$875K). The price-to-income ratio of 14.2x is considered stretched. House prices have moved -9.1% year-on-year.