Investment property in Clarendon Vale 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 -8.36%
The five-year average increase in median property values for Clarendon Vale,7019 has given property investors a potential capital gain of -6.03% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Clarendon Vale is offering property investors an average of -7.06. This rate of discount on properties puts Suburb at number 7th in terms of most discounted suburbs in TAS
With the median price for a house in Clarendon Vale being $148000 and the advertised rent reaching $237.5 the gross rental yield for property investors calculates out to be 8.34%