53/53a-E Massey St, Smithton is a bedroom, 5 bathroom Unit and was built in 1951. The property has a land size of 2514m2 and floor size of 323m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Located in a popular area of Smithton's town centre are these 5 units on a very large block of 2,514m2 with room for further development. The 5 units are leased at between $125.00 to $135.00 per week with a gross income of $34,580. Over the past 4-5 years all units have been refurbished and electric heating installed to each unit. These units are fully occupied offering affordable living or an ideal investment for the astute purchaser to live in the 2 bedroom flat and lease out the other 4 flats.
Currently returning 7% before outgoings.
The size of Smithton is approximately 91.3 square kilometres. It has 18 parks covering nearly 4.6% of total area. The population of Smithton in 2016 was 3881 people. By 2021 the population was 3934 showing a population growth of 1.4% in the area during that time. The predominant age group in Smithton is 60-69 years. Households in Smithton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smithton work in a labourer occupation.In 2021, 67.80% of the homes in Smithton were owner-occupied compared with 65.70% in 2016.
Smithton has 2,188 properties. Over the last 5 years, Houses in Smithton have seen a 62.69% increase in median value, while Units have seen a 50.12% increase. As at 31 March 2026:
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