Property value increases in Clarence Town have tracked lower than the NSW average of 7.47% 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.
Clarence Town, 2321 is offering NSW ‘s 315th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
Often selling an investment property can take time, and in Clarence Town the average time real estate has been on the market is 153.02 days.
With the median price for a house in Clarence Town being $410000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.95%