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Smiths Lake, NSW 2428
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$825,000
market range $775K-$900K
Median Unit
$540,000
Gross Yield (houses)
3.7%
1yr Growth (houses)
+1.0%
market range -2.5% to +5.0%
Investment snapshot for Smiths Lake
Smiths Lake has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Smiths Lake market and investor summary
In Smiths Lake, NSW 2428, the median house sells for around $825K, on a gross rental yield of 3.7% for houses. House prices have moved +1.0% over the past year and +15.3% over three years. At 1.6% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.7% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.
Living in Smiths Lake: people, income and schools
Smiths Lake has a resident population of roughly 1,332, a number that has held fairly steady over five years. At a median age of 49, it reads as skewed a little older, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $63,000 a year (about $1,210 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 13.1 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 39% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There is 1 school within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 11 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 1,332
- +2% over 5yr
- Median age
- 49 years
- Median household income
- $63,000/yr
- Households renting
- 17%
- Family households
- 72%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 964
- Unemployment
- 4.9%
- Walk score
- 11/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Smiths Lake
No properties currently listed in Smiths Lake
Search Smiths Lake listings →Frequently asked questions about Smiths Lake
What should I check before investing in Smiths Lake?
Smiths Lake has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.3%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Smiths Lake?
The median property price in Smiths Lake, NSW 2428 is $825K for houses and $540K for units.
What rental yield does Smiths Lake show?
The gross rental yield in Smiths Lake is 3.7% for houses and 5.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Smiths Lake?
House prices in Smiths Lake are up 1.0% over the past year and up 15.3% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Smiths Lake?
The current vacancy rate in Smiths Lake is 1.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Smiths Lake?
Smiths Lake has a population of approximately 1,332 residents, with a median age of 49.
What schools are near Smiths Lake?
There are 1 school within roughly 5km of Smiths Lake. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Smiths Lake affordable to buy in?
A median house in Smiths Lake costs about 13.1 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Smiths Lake's population growing?
The population of Smiths Lake has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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