Smythes Creek is a close-knit residential community in Victoria within the Golden Plains local government area (postcode 3351). The area has roughly 1,762 residents and 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Smythes Creek has a median house price of $512,000, which has dipped slightly by 2.6% year-on-year. The current median weekly rent is $460. This gives a gross rental yield of approximately 4.7%. 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 2,867 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 4.7%, which reads as moderate yield. Property prices sit below the state median ($512K/$850K), which can point to relative value. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -2.6% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.