Smiths Lake, NSW
OVERVALUED2,046 sales · 35 years of data · NSW, Australia
Smiths Lake, NSW Property Market Overview
Smiths Lake, NSW, postcode 2428, presents a unique property market profile within the New South Wales landscape. With 35 years of recorded sales data encompassing 2,046 transactions, AusPropertyInsights.app provides a comprehensive analysis of this area. The current median property price (all types) in Smiths Lake sits at $821,250, while houses hold a median value of $822,500, and apartments are valued at a median of $330,000.
Smiths Lake is notable for its blend of residential housing and waterfront living. The suburb's relatively low strata percentage and established housing market contribute to its character. The historical data available paints a picture of consistent, long-term growth, making Smiths Lake an interesting area for property market analysis.
Property Mix
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Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Smiths Lake
Top streets in Smiths Lake, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Keith Cres | $800,000 |
| 2 | Amaroo Dr | $922,500 |
| 3 | Macwood Rd | $825,000 |
| 4 | Patsys Flat Rd | $1,085,000 |
... and 39 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Gordon Cres | $1,364/m² |
| 2 | Lyn Cres | $1,299/m² |
| 3 | The Jack | $1,375/m² |
| 4 | Patsys Flat Rd | $1,175/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Lyn Cres | +9.4% |
| 2 | Keith Cres | +10.9% |
| 3 | Macwood Rd | +9.0% |
| 4 | Matthew Rd | +9.0% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Smiths Lake analysis
43 streets and 18 buildings to explore
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Smiths Lake at a Glance
Smiths Lake, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Smiths Lake, NSW
Smiths Lake offers a relaxed coastal lifestyle with a strong connection to the natural environment. The suburb is centred around the beautiful Smiths Lake, providing opportunities for boating, fishing, and swimming. Residents enjoy a tranquil atmosphere away from the hustle and bustle of larger urban centres.
While Smiths Lake itself is primarily residential, nearby Forster and Tuncurry offer a range of amenities including shopping centres, restaurants, and medical facilities. For families, there are schools in the surrounding areas such as Forster Public School and Great Lakes College. Parks and reserves around the lake provide ample space for recreation and outdoor activities. The overall vibe of Smiths Lake is one of peace and community, attracting those seeking a quieter lifestyle.
The local community is known for its friendly and welcoming atmosphere. While there isn't a train station directly in Smiths Lake, bus services connect the suburb to nearby transport hubs.
Who Buys in Smiths Lake?
The buyer profile in Smiths Lake is diverse, but the area tends to attract families, retirees, and those seeking a relaxed coastal lifestyle. The median house price of $822,500 suggests that Smiths Lake is accessible to a range of buyers, while the relatively low apartment median of $330,000 provides options for those seeking more affordable properties.
The historical growth rates, with a 10-year CAGR of 10.1%, may appeal to those looking for long-term capital appreciation. The low strata percentage indicates that most buyers are seeking detached houses rather than apartments. Smiths Lake is less likely to attract high-density living enthusiasts and is more suited to those wanting a quieter lifestyle.
Market Analysis
Currently, the Smiths Lake property market is assessed to be above its long-term trend, placing it in overvalued territory. This assessment is based on our analysis of historical sales data, price movements, and various economic indicators. AusPropertyInsights.app uses a sophisticated algorithm to determine the cycle position, providing users with insights into the current state of the market.
Being in overvalued territory suggests that prices in Smiths Lake may be higher than what historical trends would indicate. While this doesn't predict future performance, it offers a perspective on the current pricing environment. Potential buyers and sellers in Smiths Lake might find this information useful for informed decision-making.
Is Smiths Lake a Good Investment?
Analysing Smiths Lake's growth patterns reveals a consistent upward trend in property values over the long term. The full-period CAGR of 6.3% and the more recent 10-year CAGR of 10.1% demonstrate the suburb's historical performance. AusPropertyInsights.app's data provides a comprehensive overview of these trends.
The current cycle position, which indicates that Smiths Lake is above its long-term trend, suggests the property market may be in a phase of higher-than-average prices. Factors such as the suburb's desirable location, limited development, and strong community appeal contribute to its value. The historical data provides context for understanding the market dynamics in Smiths Lake.
Smiths Lake Market Outlook
As of early 2026, the Smiths Lake property market is showing signs of being above its long-term trend. Recent price trends, while subject to change, reflect this position. AusPropertyInsights.app continues to monitor the market closely, providing users with up-to-date information and analysis.
The cycle position suggests that prices in Smiths Lake may be higher than their historical average. This information, combined with other market data, can help potential buyers and sellers make informed decisions.
Streets & Location in Smiths Lake, NSW
Smiths Lake, located in NSW, is characterised by a variety of residential streets. According to our data, the top streets in Smiths Lake by median price include AMAROO DR, MATTHEW RD, and KEITH CRES. These streets represent some of the more desirable locations within the 2428 postcode.
With a total of 43 streets, Smiths Lake offers a diverse range of properties and locations. The suburb's proximity to the lake and surrounding natural environment contributes to its appeal.
Market Dynamics
The average settlement time for properties in Smiths Lake is approximately 42 days. This timeframe reflects the typical transaction process in the area. There is no data available to indicate a quick-flip percentage for Smiths Lake, suggesting limited short-term speculative buying activity.
The property market in Smiths Lake appears to be characterised by standard transaction timeframes. This information can be useful for buyers and sellers planning their property transactions in Smiths Lake.
Development & Density
Smiths Lake has a relatively low development density, with only 18 apartment buildings present in the suburb. The low strata percentage of 1.4% further reinforces this observation. The majority of properties in Smiths Lake are detached houses, contributing to the suburb's overall character.
This low-density development pattern indicates a preference for single-family homes in Smiths Lake. The limited number of apartment buildings may reflect zoning regulations and community preferences.
Growth & Property Mix
Historically, Smiths Lake has demonstrated consistent growth in property values. Over the past 10 years, the area has seen a Compound Annual Growth Rate (CAGR) of 10.1%. Looking further back, the 20-year CAGR stands at 6.1%, while the full-period CAGR, covering the entire 35 years of data, is 6.3%. These figures provide context to the long-term performance of the Smiths Lake property market.
The property mix in Smiths Lake is predominantly houses, with apartments representing a smaller portion of the market. This composition contributes to the overall character and price dynamics of the suburb.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.