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City of Ballarat

Smythesdale

Smythesdale Property Market
& Suburb Profile

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MEDIAN PRICES IN SMYTHESDALE

Median house price

(all agencies, last 12 months)$608k*

House price change

(all agencies, last 12 months)-5.8%

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

SMYTHESDALE price TRACKER

Houses

Smythesdale 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)118

Average held period in Smythesdale

(proptrack)6 years

Smythesdale Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$428pw

Median rental price for Units

(all agencies, last 12 months)$319pw

Average rental yield for Houses

(all agencies, last 12 months)4.27%

Average rental yield for Units

(all agencies, last 12 months)4.49%

Smythesdale total population size

(as at the last census)1,189

Median household size in Smythesdale

(as at the last census)2.7

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

Smythesdale property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Smythesdale

  • Owned 91%
  • Rented 4%
  • Other/Not Stated 5%
  • Singles 19%
  • Families 80%
  • Other 1%

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About Smythesdale

Smythesdale is a town in Victoria, Australia. The town is located on the Glenelg Highway.

Most of the town is located in the Golden Plains Shire local government area; however, a small section lies in the Shire of Pyrenees. Smythesdale is 19km west of Ballarat and 135km west of the state capital, Melbourne. At the 2016 census, Smythesdale and the surrounding area had a population of 1,032.

The town was established during the Victorian Gold Rush, and the Post Office opened on 14 July 1854. The town was known as Smythe's Creek until 1864.

Facilities in the town include the Court House Hotel, a bluestone police lock-up, constructed in 1869 and the old Court House, now home to the local historical society. The former courthouse closed on 1 January 1983 after having not been visited by a Magistrate since 1976, was briefly used as a Sunday school and was then leased to the historical society in 1985.

Reference: Wikipedia

Education

Woady Yaloak Primary School
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Sales Comparison

Find out how Smythesdale median sales prices compare to neighbouring suburbs.

Smythesdale MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202516$303,800-5.80%7$374pw4.38%
202416$335,00021.82%4$377pw4.62%
202316$275,000-28.10%7$357pw4.33%
202214$382,50042.99%5$336pw4.01%
202124$267,50012.62%3$319pw3.63%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202516$303,800-5.80%
202416$335,000+21.82%
202316$275,000-28.10%
202214$382,500+42.99%
202124$267,500+12.62%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20257$374pw4.38%
20244$377pw4.62%
20237$357pw4.33%
20225$336pw4.01%
20213$319pw3.63%

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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.