What is the true cost of buying an apartment in Smithfield?

The median apartment in Smithfield is $520,000. Including stamp duty ($17,930), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $44,048, or $3,671/month.

What does it really cost to buy a house in Smithfield?

The median house in Smithfield is $785,000. True first-year cost including stamp duty ($29,855), rates, insurance, maintenance, and mortgage repayments is approximately $56,653.

What is the vacancy rate in Smithfield?

Smithfield currently has a vacancy rate of 1.8%. Properties average 32 days on market.

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True Cost of Buying in Smithfield

2164 NSW · 35km to CBD

Stable

A decision, not just a search · Smithfield

Does the lower estimated monthly cost make a property the better buy?

Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.

Questions that could change the answer

Which costs are current supplied figures, and which are model defaults?
What happens to your buffer if interest, repairs or vacancy costs rise?
What finance, contract or inspection condition remains unresolved before an offer?

Evidence to obtain—not yet verified here

Current lender terms and approval conditions, not only a borrowing estimate.
Dated levy notices, rates, insurance quotes and maintenance information.
Contract advice, inspection findings and comparable sales evidence.

Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.

Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.

When to revisit: Revisit when any input, approval condition, price or property finding changes.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

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Market Intelligence

Smithfield, NSW 2164 is a culturally diverse suburb in Western Sydney, located approximately 35km from the Sydney CBD. The area is characterized by a strong multicultural community with significant Pacific Islander and Asian populations, and a younger median age reflecting its family-oriented demographics. The suburb benefits from excellent road connectivity via the M7 and M4 motorways, though rail services were discontinued in 2013. Smithfield offers a mix of older housing stock and newer developments, with property values showing moderate growth in 2024. The community enjoys access to quality educational facilities including proximity to Western Sydney University Campbelltown campus, recreational amenities, and shopping at nearby Stockland Wetherill Park. As part of the Western Sydney growth corridor, the suburb is positioned to benefit from planned infrastructure improvements and proximity to the Western Sydney Airport development zone, making it an attractive option for families and investors seeking affordable housing with growth potential.

Strong multicultural community with established cultural networksExcellent road connectivity via M7 and M4 motorwaysProximity to Western Sydney University and quality educational facilitiesAccess to major shopping centers and recreational facilitiesPart of Western Sydney growth corridor with infrastructure development

Market Snapshot

Median House

$785K

+6.2% 1yr

Median Apartment

$520K

+5.8% 1yr

Median Townhouse

$680K

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

4.8%

Yield (House)

4.2%

Auction Clearance

68%

Population

8,500

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$3,671/mo

Purchase Price

$520,000

Stamp Duty

$17,930

1st Year Total

$44,048

House

$4,721/mo

Purchase Price

$785,000

Stamp Duty

$29,855

1st Year Total

$56,653

Townhouse

$4,280/mo

Purchase Price

$680,000

Stamp Duty

$25,130

1st Year Total

$51,356

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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