SA/
Clarence park

Suburb Profile

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

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Homeowners and real estate investors betting on CLARENCE PARK, 5034 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 17.07%.

A steady increase in median property prices over a five-year period in the suburb translates to a 13.17% capital gain.

Property investors in CLARENCE PARK enjoyed capital gains of 17.07% 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 $683,000.

Profits due to an upward trend in home prices there averaged 4.39% per annum over a 3-year period.

Home owners selling their properties and realtors in CLARENCE PARK usually have to wait an average of 56.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $417.5 mark, reflecting a 3.18% increase in returns based on the current median price in CLARENCE PARK.

CLARENCE PARK, 5034 places 187th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $683,000 $335,000
GROWTH REPORT
Median Quarterly 1.26% 3.08%
Median 12 month 17.07% 1.82%
Median 3 years 13.17% 3.08%
Median 5 years 28.87% 2.29%
10 years average annual 4.71% 3.54%
Weekly media advert. rent $417.5 $285
Time on Market 56.5 days 22.8 days
Gross Rental Yield Percent 3.18% 4.42%
demographics (median values)
Total Population
2502
Weekly Household Income
984.8
Household Size
2.20
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Clarence Park, SA
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