Suburb Profile Report for Clarence Park SA (5034)

Clarence Park House: Median price $577,500, Annual capital growth 4.53%, Number of sales 20, Weekly median advertised rent $445

Clarence Park Unit: Median price $340,000, Annual capital growth 5.53%, Number of sales 20, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Clarence Park, 5034 ranked 386th 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

Across a shorter period, Clarence Park, 5034 has seen a median price increase of -0.51% over the last quarter.

Clarence Park, 5034’s gross rental yield is 4.01%

SA has seen average median house prices change by 4.27% which means that Clarence Park, 5034 has done well for property investors by showing a capital gain of 3.34% over the last year

If we look at median property appreciation over just the last three months, Clarence Park has given property investors a paper return of 3.34%. This puts Suburb as 50 on a list of fastest fasting appreciating suburbs in SA

Property investors looking for a bargain in Clarence Park should be aiming for at least -4.80% off the asking price, which is the average vendor discount being achieved at the moment.

Clarence Park is 131th on a list of best yielding suburbs for rents in SA with a 4.28% return

HOUSE UNIT
$577,500 $340,000
-0.51% 3.34%
-5.33% 3.34%
4.53% 5.53%
$445 $280
20 20
4.01% 4.28%
N/A 82.16

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2492
Median household income ($/weekly) 1227
Median age of persons 37
Median housing loan repayment ($/monthly) 1775
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 258 10.3
    25-34 years 394 15.8
    35-44 years 366 14.7
    45-54 years 361 14.5
    55-64 years 329 13.2
    Others 785 31.5
    Age Group
    Census Count Percent(%)
    Not Married 898 46.4
    Registered Married 845 43.7
    Defacto Relationship 191 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1868 77.7
    Croatia 61 2.5
    Indonesia 46 1.9
    United Kingdom 130 5.4
    Other 96 4.0
    Others 203 8.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 1.5
    Christianity 1405 61.6
    Hinduism 46 2.0
    Other Religious Groups 22 1.0
    No Religion 754 33.1
    Others 19 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 94 9.7
    $600-$799 95 9.8
    $1,000-$1,249 107 11.0
    $1,500-$1,999 130 13.4
    $2,500-$2,999 84 8.6
    Others 462 47.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 827 41.2
    Not in the labour force 602 30.0
    Employed, worked part-time 437 21.8
    Employed, away from work 70 3.5
    Unemployed, looking for work 70 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 159 11.9
    Professionals 443 33.1
    Technicians & trades workers 150 11.2
    Community & personal service workers 144 10.8
    Clerical & administrative workers 196 14.7
    Others 245 18.3
    Occupation
    Census Count Percent(%)
    Pre-school 32 5.1
    Infants/Primary 202 32.3
    Secondary 125 20.0
    Technical or Further Educational Institution 52 8.3
    University or other Tertiary Institutions 199 31.8
    Others 16 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1811 76.2
    Flat, unit or apartment 334 14.1
    Semi-detached, row or terrace house, townhouse 231 9.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 366 35.7
    Being purchased 343 33.5
    Rented 312 30.5
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals