Fast 50 Report 2026 Banner

Clarinda

POSTAL CODE: VIC, 3169
HOUSE
UNIT

Property investors enjoyed capital gains of 13.71% 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 5.2% growth over a ten-year period. It ranks 3082nd on our list of suburbs that property investors should look into.

CLARINDA, 3169 has a capital gain of 13.71% for the past year, which is higher than average compared to its 28.45% growth within a five-year period.

With the median home price in CLARINDA sitting at $1,095,000, and the average rent at $650, property owners could potentially earn a 3.09% 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 (Vic.).

Surburb overview

Clarinda is a middle-ring suburb in Melbourne’s south-east, located within the City of Kingston. The suburb is situated approximately 18 kilometres south-east of the Melbourne central business district and is bordered by Clayton South, Oakleigh South, Heatherton and Springvale South.

Clarinda recorded a population of around 7,500 at the 2021 census, reflecting its predominantly residential, low-density character. The demographic profile includes a high proportion of family households and older residents, with a median age above the metropolitan average.

Household incomes are generally close to the Melbourne median, and home-ownership rates are relatively high compared with those in inner-city suburbs. Housing in Clarinda is dominated by detached dwellings on traditional suburban blocks, with limited townhouse and low-rise apartment development. Residential density remains low to moderate, with incremental infill development occurring mainly along arterial roads.

Public transport access is primarily bus-based, with no railway station located within Clarinda itself. Residents typically access train services at nearby stations, including Clayton, Noble Park and Mentone, which connect to the metropolitan rail network. 

Bus routes operate along Centre Road, Spring Road and surrounding arterials, providing links to neighbouring suburbs, shopping centres and employment areas. Road connectivity is a defining feature, with Centre Road, Warrigal Road, Spring Road and the Nepean Highway providing east–west and north–south travel across Melbourne’s south-east.

Local shopping and service amenities are limited and are generally accessed via small neighbourhood strips and nearby centres such as Clayton South, Springvale and Oakleigh South. Larger retail and employment hubs, including Chadstone Shopping Centre and Moorabbin industrial precincts, are accessible within a short driving distance.

Educational facilities in and around Clarinda include several primary schools and access to secondary schools in neighbouring suburbs. Tertiary institutions such as Monash University and Holmesglen Institute are located nearby and influence local travel patterns.

Recreational amenities within Clarinda are modest, with neighbourhood parks and small reserves supporting informal recreation. Residents also access larger open spaces and sporting facilities in surrounding suburbs.

Clarinda’s character is shaped by its family-oriented housing, road-based connectivity and reliance on surrounding suburbs for rail transport and primary retail services within Melbourne’s middle south-east.

You’re out of free articles for this month
Loading form...