Fraud Blocker

Clareville, NSW 2107

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Clareville, NSW 2107 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Clareville, NSW 2107”

  1. The total adult population (15 years or older) of Clareville 2107 NSW is 715, with a median age of 57. Of those, 67.83% are married, 7.69% are divorced or separated, 19.58% are single and 4.48% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $12,216. The median monthly mortgage repayment for households in this suburb is $3,467 which is 28.38% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in NSW, the inviting suburb of CLAREVILLE 2107 consists of an estimated 428 households. As we journey into the Q3 of 2023, typical house prices in CLAREVILLE notably reach about $3,147,017. The median weekly rent settles at $1,223, which carves out an indicative yield of 2.02%.

    This yield, although below the cashflow-focused property investor requirement of 3%, indicates moderate profitability. However, it’s crucial to interpret this in harmony with other market metrics when modelling your investment strategy.

    From a socio-economic perspective, CLAREVILLE carries with itself an impressive IRSAD score of 1165 out of a possible 1217. This brims the locale with a favourable socio-economic status underlined by profound access to economic resources and a majority of skilled professionals.

    The renter to owner ratio emerges at a low, investor-friendly 8%, which far surpasses the ideal 30% or below range. This low ratio could indicate less competition among landlords and a much-preferred owner-oriented neighbourhood vibe.

    Echoing this favourable metric, the units to houses ratio in CLAREVILLE is virtually at nil (0%). With no battling units, property investors may enjoy less competition for tenants and potentially more stable, higher rental yields.

    The affordability index for houses, however, is a stark 101 years; noticeably exceeding the unfavourable limit of 31 years. This suggests the average local family may struggle to own a house within the duration of a standard 30-year mortgage, flagging the area as less affordable.

    In terms of supply dynamics, houses in this locality present a stock on market Percentage of 0.47%, which lurks somewhat neutrally in between the favourable (0.4%) and unfavourable (1.3%) ranges. The inventory level for houses, on the other hand, stands at a neutral 3.43 months, hinting at a balanced absorption rate of new listings.

    Further, maintaining a nil Building Approval Ratio, CLAREVILLE ensures an unflooded, steady market with minimal new dwelling supply. Yet, this is balanced by a staggering 180 days on market for houses, indicating a slower than average sales period and correlating with reduced demand.

    The vacancy rate, combining houses and units, is registered at a high 11.11%, giving a nod towards a challenging rental scenario. Despite such a higher vacancy, the buy search index for houses soars at a robust 8. This reveals strong online search interest and potential demand in the CLAREVILLE property market despite certain challenging metrics.

    The market dynamics in CLAREVILLE, therefore, paint a mixed portrait, each echoing different tones of the investor appeal. Keeping a keen eye on such variances and trends, along with tools like the RCS (Relative Composite Score) developed by HtAG Analytics to automate and streamline your research, can help you harness the rewarding venture of real estate investment.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment