Side by sideSuburb comparison

Boomerang Beach vs Smiths Lake.

Comparing two suburbs with median house prices of $1,290,000 and $825,000. Smiths Lake edges out on more headline metrics in this comparison.

Smiths Lake (median $825,000) is roughly 56% cheaper to buy into than Boomerang Beach ($1,290,000). Over the past year, Smiths Lake (+3.1%) ran 12.9 percentage points ahead of Boomerang Beach (-9.8%) on house-price growth.

On school quality, the average ICSEA across schools serving Smiths Lake (993) sits above Boomerang Beach (976). Smiths Lake skews owner-occupied (82%), Boomerang Beach runs more rental-dense (70% owner).

The takeWhich suburb suits which buyer

For buyers

Smiths Lake is the lower entry point at $825,000 median, 56% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Smiths Lake carries both higher gross yield (4.10% vs 2.62%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Smiths Lake edges out on average school ICSEA (993 vs 976).

Common questionsBoomerang Beach vs Smiths Lake

Common questions

Is Boomerang Beach or Smiths Lake cheaper to buy in?

Smiths Lake has the lower median house price at $825,000, roughly 56% below Boomerang Beach ($1,290,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Boomerang Beach or Smiths Lake?

Over the past 12 months, Smiths Lake grew +3.1% vs -9.8% in Boomerang Beach, a gap of 12.9 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Boomerang Beach or Smiths Lake have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Smiths Lake scores 993 vs 976 in Boomerang Beach. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Boomerang Beach or Smiths Lake?

Gross rental yield on houses is 4.10% in Smiths Lake vs 2.62% in Boomerang Beach. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Boomerang Beach
Metric
Smiths Lake

Price & Market

$1,290,000
Median house
$825,000
$240,480
Median unit
$240,480
-9.8%
Annual growth (house)
+3.1%
Days on market

Rental

$650/wk
Rent (house / wk)
$650/wk
$450/wk
Rent (unit / wk)
$450/wk
70.0%
Owner occupied
82.0%
29.0%
Renter occupied
17.0%

Lifestyle & Demographics

4
Walk score
0
Transit score
0
Bike score
423
Population
1,332
46
Median age
49

Risk & Hazard

Flood class
Bushfire risk

Schools

6
Schools nearby
3
976
Avg ICSEA
993

Climate

1143 mm
Annual rainfall
1143 mm
24.7°C
Mean max (Jan)
24.7°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).