Clarence Gardens is an average performer in SA when comparing median price capital growth over the last year. Clarence Gardens gave property investors a average capital gain figure when compared to the rest of the state, with 3.98%.
Taking the average capital gain, or increase in median house value, Clarence Gardens,5039 has racked up an average of 3.98% over the period. This ranks it number 2163th in the whole country for real estate investors looking at median house price increases.
In the last year 44 properties changed hands in Clarence Gardens, which puts it as the 219th most active market in SA when comparing the number of sales per suburb.
With the median price for a house in Clarence Gardens being $607000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 3.21%
Clarence Gardens is located in the inner southern suburbs of the Adelaide Metro area. It is 1 square kilometre. The suburb surrounds ovals and parks which provide a great environment for families. Located only a short distance of 4.5km to the Adelaide CBDFull summary
Information supplied by:
Urban Residential Property Group
08 8271 3666
0424 332 564
Clarence Gardens is located in the inner southern suburbs of the Adelaide Metro area. It is 1 square kilometre. The suburb surrounds ovals and parks which provide a great environment for families. Located only a short distance of 4.5km to the Adelaide CBD
Selling points: Close proximity to the Adelaide CBD and easy access to the Southern Suburbs and coastline. There are numerous schools both private and public, kindergarten and 3 major shopping centres within a 5 minute drive. It is also really affordable with many homes being available under $500,000
Most sought-after properties: Character homes built between 1910 and 1950. Very popular with home renovators due to affordable pricing and large allotments
Most common properties: Mid 1900’s homes
Top amenities: AA Bailey Reserve, Clarence Gardens Lawn Bowls Club
Local industry and business: There are many local shops, cafes and stores in the area but it is predominantly residential with little to no industrial
Recent changes: The council has recently been doing routine maintenance and upgrading of foot paths as well as car parking at AA Baily Reserve has been sealed
Best streets: Chamberlain Avenue, Dinwoodie Avenue, Ackland Avenue and Clovelly Avenue
Public transport: Train, tram and bus
Main arteries: Cross Road and South Road