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Shire of Nillumbik

Smiths Gully

Smiths Gully Property Market
& Suburb Profile

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MEDIAN PRICES IN SMITHS GULLY

Median house price

(all agencies, last 12 months)$1.6m*

House price change

(all agencies, last 12 months)+11.56%

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

SMITHS GULLY price TRACKER

Houses

Smiths Gully sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)23

Average held period in Smiths Gully

(proptrack)27 years

Smiths Gully Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$803pw

House rental price change

(all agencies, last 12 months)0.08%

Average rental yield for Houses

(all agencies, last 12 months)2.88%

Smiths Gully total population size

(as at the last census)356

Median household size in Smiths Gully

(as at the last census)2.9

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

Smiths Gully property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Smiths Gully

  • Owned 88%
  • Rented 3%
  • Other/Not Stated 9%
  • Singles 14%
  • Families 86%
  • Other 0%

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About Smiths Gully

Tucked away just 35km north-east of Melbourne's CBD, Smiths Gully offers an idyllic escape from the city hustle.

This small locality is defined by its heavily treed, hilly landscape, mirroring the natural beauty of neighboring areas.

It is the quintessential 'tree change' destination, offering a genuinely peaceful and serene lifestyle that appeals to families, retirees, and anyone seeking a strong connection to nature.

While retaining its quaint, community feel with a local post office and general store, Smiths Gully is far from isolated. Essential amenities include the famous St Andrews Market and a supermarket, pharmacy, and various shops, are easily accessible in nearby Hurstbridge. For broader needs, hospitals are within a comfortable 30-minute drive, and a choice of schools serves the surrounding areas.

The commute to the city is straightforward: a scenic 12-minute drive connects you to Hurstbridge Station, where a train journey will take you to the Melbourne CBD in approximately 45–55 minutes.

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Sales Comparison

Find out how Smiths Gully median sales prices compare to neighbouring suburbs.

Smiths Gully MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20257$1,640,00011.55%0$803pw2.88%
20246$1,445,000-14.49%0$759pw2.91%
20235$1,690,00016.15%1$685pw2.65%
20222$1,455,00015.47%1$633pw2.48%
20215$1,260,00041.57%0$590pw2.13%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20257$1,640,000+11.55%
20246$1,445,000-14.49%
20235$1,690,000+16.15%
20222$1,455,000+15.47%
20215$1,260,000+41.57%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20250$803pw2.88%
20240$759pw2.91%
20231$685pw2.65%
20221$633pw2.48%
20210$590pw2.13%

PROUDLY SERVICING Smiths Gully

Barry Plant
Eltham

Level 1, 958 Main Road
View on Google Maps

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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 October 2024 to 31 October 2025, last updated 31 October 2025.