Clare has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 17.65% to date .
Taking the average capital gain, or increase in median house value, Clare,5453 has racked up an average of 17.65% over the period. This ranks it number 2799th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.15% to buyers in Clare at the moment, which is less than average for the rest of SA.
On average over the past year, suburb has had 6.83 sales per month, which equates to 82 per year.
Using the current median advertised rental of $285 and the average annual increase in value of a median property of 2.80%, investors should hope to achieve an overall return of 4.63%