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Cleve

POSTAL CODE: SA, 5640
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 3.33% capital gain.

It 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 $248,000

The augmented property values in the suburb are trailing behind the territorial average of 10.06% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of N/A.

Home owners selling their properties and realtors in CLEVE usually have to wait an average of 97.5 days days before their assets are lifted off the market.

The SA suburb ranks 405th on the list of best yielding suburbs for rental properties in SA, posting a N/A return.

It also places places 380th in Australia based on median property value growth during the quarter.

Surburb overview

Cleve, located approximately 530 kilometres northwest of Adelaide, is a key rural town on South Australia's Eyre Peninsula. It serves as the administrative and commercial hub for the District Council of Cleve, a local government area that covers several small towns and farming communities in the region. Cleve has a population of around 1,000 residents, with a demographic mix that includes families, farmers, retirees, and professionals who are engaged in the region’s agricultural industry.

Public transportation in Cleve is limited, typical of rural towns in South Australia, with most residents relying on cars for transportation. The town is accessible via the Lincoln Highway, which connects it to Port Lincoln to the south and Whyalla to the north. The Eyre Peninsula’s expansive landscapes and agricultural fields surround the town, contributing to its rural charm and making it a vital link in the region’s farming economy.

Cleve is best known for its agricultural industry, particularly in cereal cropping, such as wheat, barley, and canola. The town and its surrounding areas play a significant role in South Australia’s grain production, with farming being the mainstay of the local economy. The town is home to several agricultural businesses and services, including machinery dealerships, grain storage facilities, and agricultural supply stores, making it a central hub for the farming community.

Cleve's main street features essential services, including a supermarket, post office, banks, cafes, and local shops. These amenities ensure that residents have access to daily necessities without needing to travel long distances. The Cleve District Hospital provides healthcare services to the community, and the town also has medical clinics and a pharmacy.

Educational facilities in Cleve include the Cleve Area School, which serves students from kindergarten through to year 12. The school is a focal point for the community, offering comprehensive education and extracurricular activities. The town's small size and close-knit community ensure that education is an integral part of local life, with strong community involvement in school events and activities.

The Cleve Sporting Bodies complex is a hub for local sports, including football, netball, cricket, and tennis, providing residents with opportunities to engage in physical activities and socialize. The town also hosts several annual events, such as the Eyre Peninsula Field Days, which showcase the region’s agricultural achievements and attract visitors from across the state.

Cleve’s combination of agricultural importance, community spirit, and access to essential services makes it a unique and vital town on the Eyre Peninsula. The town’s role as a central service point for the surrounding rural areas, its commitment to supporting the farming community, and its vibrant local life continue to attract residents and visitors who appreciate the blend of rural living and community engagement that Cleve offers.

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