Property investors who have had real estate in Clarence Town, 2321 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.89%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Clarence Town has increased when compared to the 5 year average annual rate.
The most recent median price for Clarence Town is $410000, with sellers offering an average of -6.80% off the asking price.
Often selling an investment property can take time, and in Clarence Town the average time real estate has been on the market is 140.51 days.