Craigmore vs Smithfield

Smithfield (median $702,500) is roughly 4% cheaper to buy into than Craigmore ($729,250). Over the past year, Smithfield (+18.5%) ran 3.4 percentage points ahead of Craigmore (+15.1%) on house-price growth.

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Craigmore and Smithfield side by side

MeasureCraigmoreSmithfield
Price and market
Median house$729,250$702,500
Median unit$205,920$205,920
House price change, 12 months+15.1%+18.5%
Renting
House rent$580/wk$530/wk
Unit rent$450/wk$209/wk
Owner occupied78.0%47.0%
Renter occupied20.0%49.0%
Schools
Schools nearby2020
Average ICSEA945937
Lifestyle and people
Walk score452
Transit score00
Bike score65100
Population10,9432,482
Median age3735
Climate
Annual rainfall510 mm510 mm
Mean max, January30.5°C30.5°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Smithfield scores higher on walkability (4/100 vs 52/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Craigmore (945) sits above Smithfield (937). Craigmore skews owner-occupied (78%), Smithfield runs more rental-dense (47% owner).

For buyers
Smithfield is the lower entry point at $702,500 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Craigmore delivers the better gross yield (4.14% vs 3.92%), but Smithfield has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Craigmore edges out on average school ICSEA (945 vs 937). Craigmore also has a higher family-household share (79% vs 66%), so the catchment community skews family-heavy.

Craigmore vs Smithfield: common questions

Is Craigmore or Smithfield cheaper to buy in?

Smithfield has the lower median house price at $702,500, roughly 4% below Craigmore ($729,250). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Craigmore or Smithfield?

Over the past 12 months, Smithfield grew +18.5% vs +15.1% in Craigmore, a gap of 3.4 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 Craigmore or Smithfield have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Craigmore scores 945 vs 937 in Smithfield. 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 is more walkable, Craigmore or Smithfield?

Smithfield scores 52/100 on walkability vs 4/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Craigmore or Smithfield?

Gross rental yield on houses is 4.14% in Craigmore vs 3.92% in Smithfield. 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.