Suburb Profile Report for Clarence Town NSW (2321)

Clarence Town House: Median price $480,000, Annual capital growth 5.56%, Number of sales 46, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of 30.61% for the last 12 months, Clarence Town, 2321 has performed for property investments than its average annual 5.56% property growth over the last 5 years.

Clarence Town,2321 was ranked 312 in Australia by increase in median property value over the quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Clarence Town itself are offering an average vendor discount of -7.01% to real estate investors.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.23%, without taking into account capital value appreciation, which has been averaging out at 5.56%.

HOUSE UNIT
$480,000 N/A
6.67% N/A
30.61% N/A
5.56% N/A
$390 N/A
46 N/A
4.23% N/A
154.9 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 1667
Median household income ($/weekly) 1246
Median age of persons 40
Median housing loan repayment ($/monthly) 1733
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 233 14.0
    25-34 years 155 9.3
    35-44 years 240 14.4
    45-54 years 267 16.0
    55-64 years 229 13.7
    Others 543 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 681 55.7
    Not Married 402 32.9
    Defacto Relationship 139 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1530 94.3
    Italy 4 0.2
    Papua New Guinea 7 0.4
    United Kingdom 58 3.6
    Other 11 0.7
    Others 12 0.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1201 78.2
    No Religion 326 21.2
    Buddhism 9 0.6
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 61 12.0
    $600-$799 52 10.2
    $1,000-$1,249 48 9.4
    $1,250-$1,499 46 9.0
    $1,500-$1,999 69 13.5
    Others 234 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 485 37.9
    Employed, worked full-time 473 37.0
    Employed, worked part-time 227 17.7
    Employed, away from work 57 4.5
    Unemployed, looking for work 38 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 85 11.2
    Professionals 86 11.3
    Technicians & trades workers 163 21.5
    Clerical & administrative workers 103 13.6
    Labourers 89 11.7
    Others 232 30.6
    Occupation
    Census Count Percent(%)
    Pre-school 35 8.6
    Infants/Primary 148 36.5
    Secondary 132 32.5
    Technical or Further Educational Institution 37 9.1
    University or other Tertiary Institutions 40 9.9
    Others 14 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1584 98.9
    Semi-detached, row or terrace house, townhouse 11 0.7
    Caravan, cabin, houseboat 7 0.4
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 291 51.4
    Fully owned 206 36.4
    Rented 69 12.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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