Suburb Profile Report for Clarence Gardens SA (5039)

Clarence Gardens House: Median price $596,000, Annual capital growth 5.02%, Number of sales 39, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Expert Report

Investment property in Clarence Gardens has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.92%

The five-year average increase in median property values for Clarence Gardens,5039 has given property investors a potential capital gain of 16.81% across each of those five years.

Sellers are offering property buyers an average discount of -4.39% to buyers in Clarence Gardens at the moment, which is less than average for the rest of SA.

Daniel Richardson Information supplied by:

Daniel Richardson
Urban Residential Property Group

M 08 8271 3666
O 0424 332 564

W www.urbanresidential.com.au
E daniel@urbanresidential.com.au
Clarence Gardens is located in the inner southern suburbs of the Adelaide Metro area. It is 1 square kilometre. The suburb surrounds ovals and parks which provide a great environment for families. Located only a short distance of 4.5km to the Adelaide CBDFull summary
Clarence Gardens is located in the inner southern suburbs of the Adelaide Metro area. It is 1 square kilometre. The suburb surrounds ovals and parks which provide a great environment for families. Located only a short distance of 4.5km to the Adelaide CBD
 
Selling points: Close proximity to the Adelaide CBD and easy access to the Southern Suburbs and coastline. There are numerous schools both private and public, kindergarten and 3 major shopping centres within a 5 minute drive. It is also really affordable with many homes being available under $500,000
 
Most sought-after properties: Character homes built between 1910 and 1950. Very popular with home renovators due to affordable pricing and large allotments
 
Most common properties:  Mid 1900’s homes
 
Top amenities: AA Bailey Reserve, Clarence Gardens Lawn Bowls Club
 
Local industry and business: There are many local shops, cafes and stores in the area but it is predominantly residential with little to no industrial
 
Recent changes: The council has recently been doing routine maintenance and upgrading of foot paths as well as car parking at AA Baily Reserve has been sealed
 
Best streets: Chamberlain Avenue, Dinwoodie Avenue, Ackland Avenue and Clovelly Avenue
 
Public transport: Train, tram and bus
 
Main arteries: Cross Road and South Road
Close
HOUSE UNIT
$596,000 N/A
1.45% N/A
11.92% N/A
5.02% N/A
$380 N/A
39 N/A
3.32% N/A
37.12 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
Find a mortgage broker in Clarence Gardens SA
Demographics
Total population 2218
Median household income ($/weekly) 1307
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 267 12.0
    25-34 years 354 16.0
    35-44 years 351 15.8
    45-54 years 296 13.3
    55-64 years 198 8.9
    Others 753 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 831 49.2
    Not Married 729 43.2
    Defacto Relationship 128 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1733 80.3
    Croatia 51 2.4
    Hong Kong 29 1.3
    United Kingdom 96 4.5
    Other 66 3.1
    Others 182 8.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 1.8
    Christianity 1284 62.8
    Islam 45 2.2
    Other Religious Groups 16 0.8
    No Religion 648 31.7
    Others 15 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 83 10.8
    $600-$799 63 8.2
    $800-$999 71 9.2
    $1,500-$1,999 94 12.2
    $2,000-$2,499 92 11.9
    Others 368 47.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 651 37.4
    Not in the labour force 538 30.9
    Employed, worked part-time 417 23.9
    Employed, away from work 78 4.5
    Unemployed, looking for work 58 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 122 10.7
    Professionals 356 31.1
    Technicians & trades workers 139 12.2
    Clerical & administrative workers 172 15.0
    Sales 112 9.8
    Others 243 21.2
    Occupation
    Census Count Percent(%)
    Pre-school 39 6.5
    Infants/Primary 206 34.3
    Secondary 137 22.8
    Technical or Further Educational Institution 40 6.7
    University or other Tertiary Institutions 165 27.5
    Others 14 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1987 91.8
    Flat, unit or apartment 131 6.1
    Semi-detached, row or terrace house, townhouse 46 2.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 325 39.7
    Fully owned 285 34.8
    Rented 187 22.9
    Other tenure type 21 2.6
    Tenure Type
Census 2011, ABS
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