Question 1

Is Smithfield a nice place to live?

Accepted Answer

Smithfield sits around Smithfield railway station on the Gawler line, among residential and light-industrial areas near Elizabeth and Munno Para. It has a practical, working-class character with a mix of post-war cottages, modest family homes and newer townhouses, and it attracts families, commuters and tradespeople. The community numbers 2,482 people with a median age of 35, and homes are more often rented than owner-occupied, with 50.9% rented.

Everyday life is shaped by reliable public transport, straightforward links to nearby shopping centres, and parks and sporting grounds for recreation. Planning changes are under way to rezone the former barracks site for medium to high density housing, establish an activity centre zone around Munno Para shopping centre and the station and protect the Memorial Gardens and oval as recreation space. The Gawler line has been electrified and modernised, and the council has carried out recent playground and reserve upgrades. Whether Smithfield suits you depends on what you want from housing, transport and proximity to north-side commercial precincts.

Question 2

Is it expensive to live in Smithfield?

Accepted Answer

Buying looks especially stretched in Smithfield 5114. The median house price of $702,500 is about 12.9 times a typical local household's annual income, based on a weekly household income of $1,049 at the last Census, which puts buying well above local incomes.

Renting a house at $523 a week would take about 49.9% of a typical local household's weekly income at the last Census, a large share. If you're renting rather than buying, that rent share is the figure most relevant to you and whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Smithfield a good place to invest?

Accepted Answer

Over the past 12 months in Smithfield the median house value climbed 13.8%, a strong rise, while house rents increased 5.7%, a solid gain. Put simply, house prices rose faster than the rent those houses are earning over the year.

For someone weighing Smithfield up as an investment, those numbers show capital growth has been the stronger performer this year while rental income also moved higher. Whether that balance suits you depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$703K	N/A
Change in value Past 12 months	13.8%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	53	N/A
Average rent Past 12 months	$523	N/A
Change in rent Past 12 months	5.7%	N/A

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