All About Smithtown, Kempsey, NSW, 2440

Smithtown, located in the Kempsey Shire of New South Wales, presents an intriguing snapshot of the local housing market characterized by affordability and community charm. The housing market in Smithtown, much like other small towns within the region, offers a range of properties that appeal to those seeking a tranquil lifestyle away from the hustle and bustle of metropolitan areas. Homebuyers and renters will find a mix of traditional homes and newer constructions, often at more accessible price points compared to urban centers. This affordability attracts families, retirees, and young professionals who are drawn to the potential for homeownership or a peaceful rental experience amidst scenic rural settings and close-knit community vibes.

Living in Smithtown offers a laid-back lifestyle with a strong sense of community. The town itself is nestled by the serene Macleay River, providing numerous opportunities for outdoor activities such as fishing, kayaking, and riverside picnics. Residents enjoy the benefits of a tight-knit community where neighbors know each other, creating a supportive environment that is quintessentially welcoming. Daily life in Smithtown is characterized by its leisurely pace, making it ideal for those who appreciate a slower, more mindful approach to living. The town’s location also provides the advantage of being relatively close to larger hubs like Kempsey, where you can access broader amenities and services, ensuring a balanced lifestyle between seclusion and convenience.

Smithtown Real Estate Market Outlook

Thinking about buying in Smithtown? Now could not be a better time, with just 335 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $495,000 with prices in this suburb ranging from $35,000 to $1,537,000. Smithtown is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Smithtown there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Smithtown is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Smithtown leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Smithtown the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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