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Bass Coast Shire

Smiths Beach

Smiths Beach Property Market
& Suburb Profile

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MEDIAN PRICES IN SMITHS BEACH

Median house price

(all agencies, last 12 months)$976k*

House price change

(all agencies, last 12 months)+12.18%

Median unit price

(all agencies, last 12 months)$680k*

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

SMITHS BEACH price TRACKER

Houses0

Smiths Beach 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)106

Average days on market (units)

(all agencies, 12 months)69

Average held period in Smiths Beach

(proptrack)18 years

Smiths Beach Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$482pw

House rental price change

(all agencies, last 12 months)0.01%

Median rental price for Units

(all agencies, last 12 months)$482pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.81%

Average rental yield for Units

(all agencies, last 12 months)3.76%

Smiths Beach total population size

(as at the last census)315

Median household size in Smiths Beach

(as at the last census)2.1

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

Smiths Beach property types

  • Houses 57%
  • Units 10%
  • Other 33%

OCCUPANCY in Smiths Beach

  • Owned 72%
  • Rented 17%
  • Other/Not Stated 11%
  • Singles 36%
  • Families 59%
  • Other 4%

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About Smiths Beach

Smiths Beach is a small coastal community on Phillip Island, Victoria, offering a peaceful beach lifestyle framed by open pastures and rugged headlands. With a stretch of about one kilometre of south‑west facing shoreline, it’s known for reliable surf conditions, rock pools at low tide, rocky fishing platforms, and a nearby short‑tailed shearwater colony.

This is a relaxed, scenic suburb that attracts surfers, holiday visitors, and people seeking a laid‑back coastal retreat. There’s a small village hub at Smiths Beach Road and Marlin Street featuring a surf shop, café, and general store. The area is conveniently close to Cowes and the Phillip Island Grand Prix Circuit, blending leisure with accessibility.

Most residents drive to get around, as public transport options are very limited. Walking and cycling are less common, though possible locally. The suburb is roughly 1.2 square kilometres in size with around 6 percent dedicated to parks and open space.

Smiths Beach remains appealing to downsizers, retirees, or owners seeking a quiet coastal lifestyle. Supply is relatively scarce and development is minimal.

Smiths Beach is ideal for those looking for a serene coastal setting with surf and natural beauty. It combines a tight‑knit, older demographic with limited housing availability and moderate property values. Accessibility to shopping, schools, and larger town centres like Cowes is convenient, but the pace here is deliberately unhurried.

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Sales Comparison

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

Smiths Beach MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202514$828,00012.18%11$482pw3.79%
202415$440,000-8.09%5$480pw3.46%
202312$916,250-3.28%7$460pw3.24%
202214$495,00018.27%8$447pw3.13%
202132$679,50020.43%8$433pw3.00%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202514$828,000+12.18%
202415$440,000-8.09%
202312$916,250-3.28%
202214$495,000+18.27%
202132$679,500+20.43%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202511$482pw3.79%
20245$480pw3.46%
20237$460pw3.24%
20228$447pw3.13%
20218$433pw3.00%

PROUDLY SERVICING Smiths Beach

Barry Plant
Phillip Island

  • Our other local offices include:
  • San Remo

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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.