Suburb Profile Report for Clare SA (5453)

Clare House: Median price $270,000, Annual capital growth 1.71%, Number of sales 99, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report

Investment property in Clare has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.47%

Clare,5453 was ranked 2719 in Australia by increase in median property value over the quarter.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Clare itself are offering an average vendor discount of -9.41% to real estate investors.

Using the current median advertised rental of $270 and the average annual increase in value of a median property of 1.71%, investors should hope to achieve an overall return of 5.20%

HOUSE UNIT
$270,000 N/A
-0.37% N/A
-8.47% N/A
1.71% N/A
$270 N/A
99 N/A
5.20% N/A
121.17 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 3276
Median household income ($/weekly) 964
Median age of persons 41
Median housing loan repayment ($/monthly) 1299
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 415 12.7
    25-34 years 343 10.5
    35-44 years 434 13.2
    45-54 years 377 11.5
    55-64 years 425 13.0
    Others 1283 39.2
    Age Group
    Census Count Percent(%)
    Registered Married 1240 54.2
    Not Married 822 36.0
    Defacto Relationship 224 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2903 92.5
    Greece 10 0.3
    Papua New Guinea 11 0.4
    United Kingdom 133 4.2
    Other 25 0.8
    Others 56 1.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.5
    Christianity 2165 72.3
    Hinduism 6 0.2
    Other Religious Groups 11 0.4
    No Religion 794 26.5
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 119 10.3
    $400-$599 137 11.8
    $600-$799 142 12.3
    $1,000-$1,249 120 10.4
    $1,500-$1,999 143 12.4
    Others 496 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 930 36.6
    Employed, worked full-time 922 36.3
    Employed, worked part-time 562 22.1
    Employed, away from work 81 3.2
    Unemployed, looking for work 46 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 211 13.5
    Professionals 240 15.3
    Technicians & trades workers 240 15.3
    Clerical & administrative workers 199 12.7
    Labourers 248 15.8
    Others 428 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 45 7.0
    Infants/Primary 293 45.4
    Secondary 190 29.4
    Technical or Further Educational Institution 64 9.9
    University or other Tertiary Institutions 41 6.3
    Others 13 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2832 95.6
    Flat, unit or apartment 73 2.5
    Semi-detached, row or terrace house, townhouse 46 1.6
    House or flat attached to a shop, office 8 0.3
    Caravan, cabin, houseboat 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 439 35.1
    Rented 405 32.4
    Being purchased 402 32.1
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
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