If you compare the increase in value of investment property in Clarence Park, 5034 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 7.42%.
A 36.88% growth in median value for property investors in Clarence Park,5034 puts this suburb at number 38th in terms of best performing suburbs in SA
Property buyers and investors in Clarence Park 5034 should be seeing an average reduction in asking price of around -6.25% . This means that Clarence Park is holding prices well when compared to other suburbs in SA.
Situated 4.12km from the CBD, Clarence Park is one of Unley localities in the postcode 5034.
Property investors who have had real estate in Clarence Park, 5034 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.76%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Clarence Park has increased when compared to the 5 year average annual rate.
Clarence Park, 5034 is offering SA ‘s 122th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this SA.
Often selling an investment property can take time, and in Clarence Park the average time real estate has been on the market is 29.81 days.