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Clare

POSTAL CODE: SA, 5453
HOUSE

Property investors have seen a 6.06% gain in CLARE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains CLARE, 5453 saw average growth in the long term.

The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $525,000

Profits averaged 13.33% per annum over a 3-year period, due to an upward trend in home prices in CLARE, 5453.

This means, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.

The gross rental yield in CLARE, 5453 is 4.56%.

An average of 5.17 real estate transactions take place per month in CLARE which translates to 62 per annum.

Surburb overview

Clare, located approximately 136 kilometres north of Adelaide, is the main town in the Clare Valley, one of South Australia's most renowned wine regions. It serves as the commercial and administrative hub of the Clare and Gilbert Valleys Council, overseeing several smaller communities and rural areas in the region. Clare has a population of around 3,200 residents, with a demographic mix that includes families, retirees, and professionals working in the local agriculture, tourism, and wine industries. 

Public transportation in Clare is limited, as is typical for rural towns, with most residents relying on cars for transportation. The town is easily accessible via the Horrocks Highway, which connects it to Adelaide and other towns in the Mid North region. Clare's location makes it a convenient base for exploring the Clare Valley and the broader region.

Clare is best known for its wine industry, with the surrounding Clare Valley producing some of Australia's finest Riesling and other varietals. The town is surrounded by vineyards and wineries, many of which offer cellar door tastings, dining experiences, and accommodation, attracting wine enthusiasts from across the country. The annual Clare Valley Gourmet Weekend is a major event, celebrating the region's wine, food, and culture.

Clare's main street is lined with shops, cafes, restaurants, and essential services, providing everything residents need within a short distance. The town also features a variety of accommodation options, from charming bed-and-breakfasts to larger hotels, catering to the steady flow of visitors to the region. The Clare Valley Plaza offers additional shopping and services, ensuring that residents have access to modern conveniences.

Educational facilities in Clare include Clare Primary School and Clare High School, both of which are well-regarded within the community. The town also has a Catholic school, St Joseph's School, offering additional educational options for families. The presence of these schools makes Clare an attractive place for families seeking quality education in a rural setting.

The Riesling Trail, a popular walking and cycling path, runs through the Clare Valley, offering residents and visitors the chance to explore the region's vineyards and scenic countryside. The town is also home to several parks, including the Clare Oval and Ennis Park, which host local sports and community events. The nearby Spring Gully Conservation Park provides opportunities for bushwalking, birdwatching, and enjoying the natural beauty of the region.

Clare’s combination of natural beauty, historic charm, and strong community ties makes it a unique and desirable place to live. The town’s thriving wine industry, excellent amenities, and vibrant cultural scene continue to attract residents and visitors who appreciate the blend of rural living and modern conveniences that Clare offers. Whether it's enjoying a leisurely day of wine tasting or participating in one of the many community events, Clare provides a rich and fulfilling lifestyle in one of South Australia's most picturesque regions.

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