Giving property investors a a solid capital gain of 8.50% for the last year, Clare, 5453 is the 580th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Clare has fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in Clare is giving property investors an average Vendor Discount of around -8.50%. This puts suburb at number 34th in SA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Clare the average time real estate has been on the market is 108.2 days.
With the median price for a house in Clare being $299990 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.20%