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AREA REPORTS

Clarence Park

Suburb Profile

Clarence Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5034

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 29.87% capital gain.

Property investors in CLARENCE PARK enjoyed capital gains of 2.6% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $750,000.

Profits due to an upward trend in home prices there averaged 9.96% per annum over a 3-year period.

Home owners selling their properties and realtors in CLARENCE PARK usually have to wait an average of 49.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $430 mark, reflecting a 2.98% increase in returns based on the current median price in CLARENCE PARK.

CLARENCE PARK, 5034 places 170th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $750,000 $385,600
GROWTH REPORT
Median Quarterly 1.35% 5.64%
Median 12 month 2.6% 12.58%
Median 3 years 29.87% 13.41%
Median 5 years 35.26% 19.75%
10 years average annual 4.19% 2.96%
Weekly media advert. rent $430 $300
Time on Market 49.3 days 0.0 days
Gross Rental Yield Percent 2.98% 4.05%
demographics (median values)
Total Population
2502
Weekly Household Income
984.8
Household Size
2.20
demographics
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