Investment property in Clarinda has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.85%
Over the longer term, Clarinda has seen property prices show investors a 39.77% return over the last 3 years. This is worse than over the last 12 months
A $420 per week rent on the median house gives suburb investors a gross yield of circa 2.60%, without taking into account capital value appreciation, which has been averaging out at 8.43%.
With a capital gain of 33.15% for the last 12 months, Clarinda, 3169 has performed for property investments than its average annual 7.93% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Clarinda comes in at number 13th in VIC.
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
The VIC suburb of Clarinda, 3169 is in the Kingston local government area.