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

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

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