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Suburb Insights ยท NSW 2428

Smiths Lake 2428, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Smiths Lake is a regional centre in New South Wales, Australia, with a population of approximately 1,332, making it a boutique locality. Located approximately 204 km from the Sydney CBD, Smiths Lake is a regional area in New South Wales. The median household income is $62,920 AUD per year (ABS 2021 Census).

Investment Score

31 / 100 Weak

Smiths Lake's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Smiths Lake, New South Wales, Australia.

Key Indicators

Postcode
2428

Official Australia Post postcode for Smiths Lake. A postcode may cover multiple suburbs.

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Population
1,332

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$380/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$62,920/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
204 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,473/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
64% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Smiths Lake serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $380/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,473/month.

Investment Strategy

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Buy & Hold

Capital growth in Smiths Lake may be constrained โ€” consider alternative strategies.

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Rental Yield

Smiths Lake can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Smiths Lake may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Smiths Lake property

Full Property Analysis

30-year projections for Smiths Lake

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Smiths Lake faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Smiths Lake is thinner โ€” flexible lease terms could help secure tenants faster. Smiths Lake is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Smiths Lake a good suburb for investment?

Smiths Lake is a regional area in New South Wales with a population of 1,332. The median rent is $380/week and the median household income is $62,920/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Smiths Lake?

Key demand drivers in Smiths Lake include regional employment hubs, lifestyle, and affordability. 64% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Smiths Lake?

According to the ABS 2021 Census, Smiths Lake has a population of approximately 1,332. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Smiths Lake from the Sydney CBD?

Smiths Lake is approximately 204 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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