Suburb Profile Report for Clarence Park SA (5034)

Clarence Park House: Median price $679,000, Annual capital growth 4.46%, Number of sales 38, Weekly median advertised rent $410

Clarence Park Unit: Median price $325,000, Annual capital growth 3.63%, Number of sales 15, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 677th in the list of Australian suburbs ordered by increase in median house value over the last year, Clarence Park, 5034 is in the top 20% with a property value increase of 17.58% recorded in median house prices.

While Clarence Park,5034 ranked number 219th in SA for increase in median house value (annualised) increase, it is ranked 91th over the last 5 years.

Clarence Park is 341th on a list of best yielding suburbs for rents in SA with a 3.14% return

Giving property investors a an unimpressive capital gain of -4.41% for the last year, Clarence Park, 5034 is the 1371th highest performer in Australia in this respect.

Across a shorter period, Clarence Park, 5034 has seen a median price increase of -2.26% over the last quarter.

With the median price for a house in Clarence Park being $325000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.64%

Metrics i HOUSE UNIT
$679,000 $325,000
0.59% -2.26%
17.58% -4.41%
4.46% 3.63%
$410 $290
38 15
3.14% 4.64%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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