Clarence Park, 5034 ranked 40th in SA when comparing growth in median property values or capital gain over the last 12 months. Clarence Park is one of 853 in our list for SA
When looking at the potential capital gains offered to property investors over the last 3 years, Clarence Park comes in at number 169th in SA.
Vendor discounting in Clarence Park is giving property investors an average Vendor Discount of around -3.37%. This puts suburb at number 369th in SA when ranking the most discounted suburbs.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.08%, without taking into account capital value appreciation, which has been averaging out at 5.15%.
Clarence Park has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.06% to date .
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.27% offered to property buyers. Sellers in Clarence Park itself are offering an average vendor discount of -2.32% to real estate investors.
Renters in Suburb are facing rents around $3480 per annum or $290 every week.