Suburb Profile Report for Clarence Town NSW (2321)

Clarence Town House: Median price $422,500, Annual capital growth 3.22%, Number of sales 43, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report

Property value increases in Clarence Town have tracked lower than the NSW average of 9.05% over the last 12 months.

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.

At number 249th of NSW’s most discounted properties, Clarence Town is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Renters in Suburb are facing rents around $4740 per annum or $395 every week.

Metrics i HOUSE UNIT
$422,500 N/A
-3.98% N/A
-6.11% N/A
3.22% N/A
$395 N/A
43 N/A
4.86% N/A
123.34 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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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Recent sales & rentals