Clarence Gardens

POSTAL CODE: SA, 5039
HOUSE

Property investors enjoyed capital gains of 10.02% over the last 12 months in CLARENCE GARDENS, translating to lower returns compared with its peers in SA.

Figures from the previous quarter show that capital gains for real estate buyers in CLARENCE GARDENS are low, as opposed to average gains per annum over the past five years.

The suburb posted a 41.54% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

On average, rents on listings have reached the $650 mark, reflecting a 2.49% increase in returns based on the current median price in CLARENCE GARDENS.

CLARENCE GARDENS, 5039 ranks 260th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 319th on the list of best yielding suburbs for rental properties in SA, posting a 2.49% return.

Surburb overview

Clarence Gardens, located approximately 6 kilometres south of Adelaide's central business district, is a well-established and leafy suburb in South Australia. It falls within the City of Mitcham, a local government area known for its attractive suburban neighborhoods, excellent schools, and community-oriented atmosphere. The suburb has a population of around 2,400 residents, with a demographic mix that includes families, professionals, and retirees who appreciate its quiet streets, convenient location, and proximity to both the city and the coast.

Public transportation in Clarence Gardens is well-serviced by Adelaide Metro buses, providing easy access to the Adelaide CBD and surrounding suburbs. The nearby Edwardstown railway station offers additional public transport options, making it convenient for residents who commute to the city or other parts of Adelaide. The suburb is also well-connected by major roads, including South Road and Cross Road, facilitating quick travel by car to the city, beach, and other key areas.

The suburb offers a range of amenities to meet the needs of its residents. While Clarence Gardens itself is primarily residential, it is close to several shopping centres and commercial areas, including the Castle Plaza Shopping Centre and the Cumberland Park Shopping Centre, which provide a variety of retail, dining, and essential services. These centres ensure that residents have easy access to supermarkets, specialty stores, cafes, and other conveniences.

Educational facilities in and around Clarence Gardens are excellent, making it a popular choice for families. The suburb is home to Cabra Dominican College, a well-regarded private school offering education from reception to year 12. Additionally, the nearby Edwardstown Primary School and other schools in surrounding suburbs provide further educational options for families with children. The area's proximity to several private and public schools enhances its appeal for those seeking quality education in a suburban setting.

Recreational activities in Clarence Gardens are supported by its parks and proximity to other leisure facilities. AA Bailey Reserve, a large green space within the suburb, offers sports fields, playgrounds, and picnic areas, making it a popular spot for outdoor activities and community events. The nearby Edwardstown Soldiers' Memorial Recreation Ground and the Pasadena Green Reserve provide additional opportunities for sports and recreation. The suburb's location also provides easy access to the Adelaide Park Lands and the beach, allowing residents to enjoy a variety of outdoor activities.

Clarence Gardens’ combination of suburban tranquility, excellent transport links, and access to quality amenities makes it a highly desirable location for a wide range of residents. The suburb’s leafy streets, strong community ties, and proximity to both the city and the coast continue to attract those seeking a balanced and peaceful lifestyle in one of Adelaide’s well-connected southern suburbs.

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