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Suburb Insights · SA 5114

Smithfield, SA 5114 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Smithfield is an outer-metropolitan suburb of Adelaide, Australia, with a population of approximately 2,482, making it a boutique locality. Located approximately 28 km from the Adelaide CBD, Smithfield is a outer metro area in South Australia. The median household income is $54,548 per year.

Investment Score

35 / 100 Weak

Smithfield's income profile suggests a value-oriented market with competitive purchase prices.

Location

Adelaide
Smithfield
South Australia · 5114
28 km from Adelaide CBD
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Key Indicators

Postcode
5114

Official Australia Post postcode for Smithfield. A postcode may cover multiple suburbs.

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Population
2,482

Usual resident population at the most recent census.

Median weekly rent
$260/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$54,548/yr

Annual median household income (before tax) across all households.

Distance to CBD
28 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,100/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
75% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Smithfield

Who Smithfield Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the South Australia median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the South Australia median, improving cash-flow margins.
  • Affordable entry point compared with inner-city suburbs.

Cons

  • Transport options are limited — car dependency is likely.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

Smithfield is a smaller community of 2,482 — about 67% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. Smithfield's median household income of $54,548/year is 33% below the South Australia suburb median ($80,964) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $260 equates to $1,127/month — about 102% of the median mortgage repayment of $1,100/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 28 km from Adelaide, Smithfield is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Investment Tip

This suburb suits long-term investors due to steady population growth and affordable entry prices. Look for established streets close to schools and shops rather than raw new-estate land. Local rents consume roughly 25% of household income — a useful sanity check on tenant affordability.

Smithfield vs South Australia Median

How Smithfield stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Smithfield sits above the state median; negative means below.

MetricSmithfieldSA medianΔ vs state
Population2,4823,699-33%
Median household income$54,548/yr$80,964/yr-33%
Median rent (weekly)$260$320-19%
Median mortgage (monthly)$1,100$1,616-32%
Distance to CBD28 km13 km+115%
Separate houses75%73%+2pp

Investor Checklist

Pre-inspection briefing for Smithfield — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 2,482 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.

Rental Yield

Strong rental coverage: $260/week (~$1,127/month) covers 102% of the $1,100/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 75% houses in a 2,482-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Smithfield property

Full Property Analysis

30-year projections for Smithfield

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Smithfield are modest for 2026 — incomes 33% below the SA median of $80,964 and a population of 2,482 suggest gains will lag headline metro markets. Rental coverage runs at ~102% of the typical mortgage ($1,127/month rent vs $1,100/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 35/100 places Smithfield in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Smithfield a good suburb for investment?

Smithfield scores 35/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 2,482, median household income of $54,548/year and median weekly rent of $260. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Smithfield?

The main demand drivers in Smithfield are a median household income of $54,548/year, a dwelling mix that is 75% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Smithfield?

Smithfield has a usual resident population of approximately 2,482, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Smithfield from the Adelaide CBD?

Smithfield sits 28 km straight-line from the Adelaide CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Smithfield?

The most recent census recorded a median weekly rent of $260 in Smithfield, equating to approximately $13,520/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Smithfield?

The median monthly mortgage repayment in Smithfield is $1,100, or approximately $13,200/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Smithfield cash-flow positive for investors?

A median weekly rent of $260 works out to $1,127/month, covering 102% of the median mortgage repayment of $1,100/month. That means rent exceeds the median repayment by roughly $27/month, so on these numbers Smithfield leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Smithfield?

The main risks are a thin buyer pool (2,482 residents), interest-rate sensitivity on the $1,100 median mortgage, below-median household incomes ($54,548 vs $80,964 state median), the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Smithfield profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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