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Corrimal vs Smithfield

Property investment comparison - Corrimal, NSW 2518 vs Smithfield, NSW 2164

Head-to-head across core investment metrics: Corrimal wins 4, Smithfield wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCorrimalSmithfield
Median house price$1.3M$1.3M
Median unit price$735K$980K
Gross rental yield (houses)3.30%-
Gross rental yield (units)4.22%3.45%
1-year house growth+7.6%+8.7%
3-year house growth+19.2%+19.1%
Vacancy rate0.7%1.1%
Population6,97213,160

Corrimal vs Smithfield: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.3M in Corrimal and $1.3M in Smithfield.

For units, Corrimal sits at a median of $735K against $980K in Smithfield, which makes Corrimal the more affordable unit market and Smithfield the pricier one.

Over the past year house prices moved +7.6% in Corrimal and +8.7% in Smithfield, so recent momentum favours Smithfield, although both suburbs recorded growth.

Looking back three years, Corrimal houses are +19.2% and Smithfield houses +19.1%, so Corrimal has compounded faster than Smithfield over the longer window.

Rental vacancy is 0.7% in Corrimal and 1.1% in Smithfield, so landlords in Corrimal face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Smithfield is the bigger suburb, with a population of 13,160 against 6,972, larger than Corrimal; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Smithfield for recent price momentum, Corrimal for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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