Smythes Creek VIC 3351

Here you can find what you need to know about Smythes Creek, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$530K Median Sale Price (National Average $485k) 595th In VIC
-24.29% Median Sale Price Change (1yr) (National Average 4.30%) 2777th In VIC
$450pw Median Rent (National Average $395) 504th In VIC
4.4% Median Gross Yield (National Average 4.24%) 89th In VIC
Properties sold 22
Average discounting -9.06%
Average Days on Market 106
Stock on Market 54 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Smythes Creek, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Smythes Creek, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Smythes Creek, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Smythes Creek


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Suburb Information

Smythes Creek, VIC 3351

Part of: Ballarat Council No data available

The size of Smythes Creek is approximately 25.5 square kilometres. The population of Smythes Creek in 2011 was 1,427 people. By 2016 the population was 1,447 showing a population growth of 1.4% in the area during that time. The predominant age group in Smythes Creek is 10-19 years. Households in Smythes Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Smythes Creek work in a trades occupation. In 2011, 91.5% of the homes in Smythes Creek were owner-occupied compared with 93% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Smythes Creek

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Smythes Creek   for Houses in last 12 months


There have been 22 Houses sold in Smythes Creek in the past 12 months with a median sale price of $530K, down 24.3% annually. It takes on average 76 days to sell with vendor discounting of -9.1%.

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