Giving property investors a an unimpressive capital gain of -0.07% for the last year, Clarence Park, 5034 is the 2949th highest performer in Australia in this respect.
Clarence Park,5034 has offered an average of -0.07% return per annum in house price rises to property investors over the last three years.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
A $435 per week rent on the median house gives suburb investors a gross yield of circa 3.38%, without taking into account capital value appreciation, which has been averaging out at 5.76%.
Property investors who have had real estate in Clarence Park, 5034 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.23%
Clarence Park,5034 was ranked 1290 in Australia by increase in median property value over the quarter.
Clarence Park, 5034 is offering SA ‘s 149th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this SA.
Often selling an investment property can take time, and in Clarence Park the average time real estate has been on the market is 63.45 days.
Advertised rents are around the $275 mark per week – giving a return of 4.35% based on the median price in Suburb