Smythes Creek is a small community in Victoria within the Golden Plains local government area (postcode 3351). With a population of 1,762, the suburb has an established demographic with a median age of 38. Households earn a median income of $111K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Smythes Creek is $525,000, having declined 4.5% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,647.
Public transport access includes 6 bus stops. The crime rate in the Golden Plains LGA is below average at 2,988 incidents per 100,000 population.
From an investment perspective, Smythes Creek offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($525K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved -4.5% year-on-year.
Smythes Creek is a small community in Victoria within the Golden Plains local government area (postcode 3351). With a population of 1,762, the suburb has an established demographic with a median age of 38. Households earn a median income of $111K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Smythes Creek is $525,000, having declined 4.5% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,647.
Public transport access includes 6 bus stops. The crime rate in the Golden Plains LGA is below average at 2,988 incidents per 100,000 population.
From an investment perspective, Smythes Creek offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($525K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved -4.5% year-on-year.