Munno Para vs Smithfield
Munno Para (median $700,000) is roughly 0% cheaper to buy into than Smithfield ($702,500). Over the past year, Smithfield (+18.5%) ran 2.3 percentage points ahead of Munno Para (+16.2%) on house-price growth.
Buying in Munno Para or Smithfield?
Selling in Munno Para? The free selling guide
Munno Para and Smithfield side by side
| Measure | Munno Para | Smithfield |
|---|---|---|
| Price and market | ||
| Median house | $700,000 | $702,500 |
| Median unit | $205,920 | $205,920 |
| House price change, 12 months | +16.2% | +18.5% |
| Renting | ||
| House rent | $560/wk | $530/wk |
| Unit rent | $171/wk | $209/wk |
| Owner occupied | 51.0% | 47.0% |
| Renter occupied | 46.0% | 49.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 946 | 937 |
| Lifestyle and people | ||
| Walk score | 0 | 52 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 4,719 | 2,482 |
| Median age | 31 | 35 |
| Climate | ||
| Annual rainfall | 457 mm | 510 mm |
| Mean max, January | 30.9°C | 30.5°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 (0/100 vs 52/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Munno Para (946) sits above Smithfield (937).
- For buyers
- Munno Para is the lower entry point at $700,000 median, 0% 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: Munno Para delivers the better gross yield (4.16% 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
- Munno Para edges out on average school ICSEA (946 vs 937).
Munno Para vs Smithfield: common questions
Is Munno Para or Smithfield cheaper to buy in?
Munno Para has the lower median house price at $700,000, roughly 0% below Smithfield ($702,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Munno Para or Smithfield?
Over the past 12 months, Smithfield grew +18.5% vs +16.2% in Munno Para, a gap of 2.3 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 Munno Para or Smithfield have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Munno Para scores 946 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, Munno Para or Smithfield?
Smithfield scores 52/100 on walkability vs 0/100. 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, Munno Para or Smithfield?
Gross rental yield on houses is 4.16% in Munno Para 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.
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