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Clarendon Vale
AREA REPORTS

Clarendon Vale

Clarendon Vale - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7019

house

A 40.35% increase in median property prices in CLARENDON VALE, 7019 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 18th.

A steady increase in median property prices over a five-year period in the suburb translates to a 78.32% 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 $400,000

The augmented property values in the suburb are trailing above the territorial average of 24.75% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $410.

Home owners selling their properties and realtors in CLARENDON VALE usually have to wait an average of 17.3 days days before their assets are lifted off the market.

The TAS suburb ranks 14th on the list of best yielding suburbs for rental properties in TAS, posting a 5.33% return.

It also places places 113th in Australia based on median property value growth during the quarter.

Data report can be found below

Clarendon Vale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $400,000 N/A
GROWTH REPORT
Median Quarterly 4.58% N/A
Median 12 month 40.35% N/A
Median 3 years 78.32% N/A
Median 5 years 168.46% N/A
10 years average annual 15.18% N/A
Weekly media advert. rent $410 N/A
Time on Market 17.3 days N/A
Gross Rental Yield Percent 5.33% N/A
demographics (median values)*
Total Population
6107
Weekly Household Income
964
Household Size
2.50
Age
32
Monthly Loan Repayment
1200
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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