AREA REPORTS

Clarinda

VIC/
Clarinda

Suburb Profile

Clarinda - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3169

house
unit

Property investors enjoyed capital gains of 4.87% over the last 12 months in CLARINDA, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.38% growth over a ten-year period. It ranks 815th on our list of suburbs that property investors should look into.

CLARINDA, 3169 has a capital gain of 4.87% for the past year, which is lower than average compared to its 80.28% growth within a five-year period.

With the median home price in CLARINDA sitting at $850,000, and the average rent at $430, property owners could potentially earn a 2.63% increase in gross rental yield.

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

CLARINDA, 3169 in VIC belongs to the local government area of Kingston.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $850,000 $670,500
GROWTH REPORT
Median Quarterly -1.39% N/A
Median 12 month 4.87% 15.7%
Median 3 years 31.58% 43.42%
Median 5 years 80.28% 54.49%
10 years average annual 7.38% 6.62%
Weekly media advert. rent $430 $420
Time on Market 50.2 days 0.0 days
Gross Rental Yield Percent 2.63% 3.26%
demographics (median values)
Total Population
7652
Weekly Household Income
1018
Household Size
3.00
demographics
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