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City of Ballarat
Smythes Creek

Smythes Creek Property Market
& Suburb Profile

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MEDIAN PRICES IN SMYTHES CREEK

Median house price

(all agencies, last 12 months)$584k*

House price change

(all agencies, last 12 months)+0.6%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

SMYTHES CREEK PRICE TRACKER

Houses0

SMYTHES CREEK SALES OVERVIEW

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)58

Average held period in Smythes Creek

(proptrack)7 years

SMYTHES CREEK INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$485pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$354pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.3%

Average rental yield for Units

(all agencies, last 12 months)4.14%

Smythes Creek total population size

(as at the last census)1,762

Median household size in Smythes Creek

(as at the last census)3.1

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

SMYTHES CREEK PROPERTY TYPES

  • Houses 67%
  • Other 33%

OCCUPANCY IN SMYTHES CREEK

  • Owned 88%
  • Rented 9%
  • Other/Not Stated 3%
  • Singles 11%
  • Families 86%
  • Other 2%

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ABOUT SMYTHES CREEK

Smythes Creek is a sprawling, semi-rural locality situated on the south-western fringe of Ballarat. It occupies a unique geographic position, straddling the boundary between the City of Ballarat and the Golden Plains Shire.

Historically distinct from its gold-bearing neighbor Smythesdale, Smythes Creek developed primarily as a rich agricultural and dairying district, once famous for its "model dairies" that attracted visitors from across the region.

The character of the area is currently undergoing a significant transition. While the southern and western portions remain dominated by broad-acre farming and dense native vegetation, the northern edge has become a key "lifestyle belt." This has seen the introduction of large-lot rural residential properties and newer housing estates that cater to those seeking a balance between country space and city convenience. The landscape is largely flat to gently undulating, defined by open paddocks, pockets of eucalypt forest, and the namesake creek that meanders through the fertile volcanic soil.

Community life in Smythes Creek is characterized by its privacy and connection to nature. Unlike traditional townships, it lacks a central "main street," instead relying on the nearby Delacombe Town Centre for modern retail and services, and the historic village of Smythesdale for community heritage. The locality is a haven for outdoor and equestrian enthusiasts, with many properties designed for horse agistment or hobby farming. Its proximity to the Glenelg Highway ensures it remains a vital link between the regional hub of Ballarat and the rural settlements of the Western District.

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SALES COMPARISON

Find out how Smythes Creek median sales prices compare to neighbouring suburbs.

SMYTHES CREEK MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
202570$291,7500.60%62$420pw3.72%
202448$295,000-15.70%103$405pw4.03%
202325$350,000-2.78%105$395pw3.82%
202242$360,000-9.43%52$379pw3.48%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
202570$291,750+0.60%
202448$295,000-15.70%
202325$350,000-2.78%
202242$360,000-9.43%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
202562$420pw3.72%
2024103$405pw4.03%
2023105$395pw3.82%
202252$379pw3.48%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.