Suburb Profile Report for Clarence Town NSW (2321)

Clarence Town House: Median price $423,500, Annual capital growth 1.85%, Number of sales 45, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Clarence Town, 2321 have given investors a capital gain of -11.77%. This compares very badly with the 11.06% for NSW as a whole.

The five-year average increase in median property values for Clarence Town,2321 has given property investors a potential capital gain of 16.03% across each of those five years.

Property buyers and investors in Clarence Town 2321 should be seeing an average reduction in asking price of around -6.43% . This means that Clarence Town is holding prices well when compared to other suburbs in NSW.

Clarence Town is 183th on a list of best yielding suburbs for rents in NSW with a 4.91% return

Metrics i HOUSE UNIT
$423,500 N/A
0.00% N/A
-11.77% N/A
1.85% N/A
$400 N/A
45 N/A
4.91% N/A
131.83 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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
Chart Table
Recent sales & rentals