Clarendon Vale

POSTAL CODE: TAS, 7019
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a -3.03% 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 $480,000

The augmented property values in the suburb are trailing above the territorial average of 4.47% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $497.5.

Home owners selling their properties and realtors in CLARENDON VALE usually have to wait an average of 63.4 days days before their assets are lifted off the market.

The TAS suburb ranks 12th on the list of best yielding suburbs for rental properties in TAS, posting a 5.39% return.

It also places places 67th in Australia based on median property value growth during the quarter.

Surburb overview

Clarendon Vale, with the postcode 7019, is a suburb located approximately 12 kilometres east of Hobart’s central business district in Tasmania. Known for its residential character and community-focused atmosphere, Clarendon Vale offers a convenient suburban lifestyle with easy access to urban amenities. The population of Clarendon Vale is around 3,000 residents, consisting mainly of families, young professionals, and retirees, contributing to a diverse and dynamic community.

Clarendon Vale falls under the jurisdiction of the City of Clarence, which provides well-maintained infrastructure and community services. Public transportation is efficiently served by Metro Tasmania buses, offering regular services to Hobart’s CBD and surrounding suburbs, making commuting convenient for residents. Additionally, the suburb is well-connected by road, facilitating easy travel by car.

Educational facilities in Clarendon Vale include Clarendon Vale Primary School, catering to the educational needs of families with young children. For secondary education, students typically attend nearby schools such as Bayview Secondary College and Emmanuel Christian School, ensuring a range of educational opportunities.

For shopping and essential services, Clarendon Vale residents often visit the nearby Shoreline Shopping Centre in Howrah, which offers a variety of retail stores, supermarkets, and dining options. The Eastlands Shopping Centre in Rosny Park provides a more extensive range of retail and entertainment options, ensuring residents have access to all necessary amenities within a short distance.

Clarendon Vale offers several recreational activities, with numerous parks and green spaces enhancing the suburb’s appeal. The Clarendon Vale Oval is a popular local spot featuring sports fields and facilities for community events and activities. Additionally, the nearby Rokeby Hills Reserve provides walking trails and scenic views, making it ideal for outdoor enthusiasts.

The suburb’s location allows for easy access to the stunning beaches along the eastern shore, such as Howrah Beach and Bellerive Beach, which are perfect for swimming, sunbathing, and coastal walks. The nearby Clarence Aquatic Centre in Rosny Park offers indoor swimming facilities, further adding to the recreational options available to residents.

Residents of Clarendon Vale benefit from its proximity to Hobart, allowing easy access to the city’s cultural and recreational attractions, including the Royal Tasmanian Botanical Gardens, the Tasmanian Museum and Art Gallery, and the bustling Salamanca Market. The suburb’s well-connected transport links and range of amenities make it a convenient and desirable place to live.

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