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Clarence Park, SA 5034

Home » SA Real Estate Data » City of Unley, SA » Clarence Park, SA 5034

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 Clarence Park, SA 5034 located in Adelaide 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 

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5BR

Rent 

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Yield 

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4BR

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Buy 

1BR

2BR

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Rent 

1BR

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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0 thoughts on “Clarence Park, SA 5034”

  1. The total adult population (15 years or older) of Clarence Park 5034 SA is 2,211, with a median age of 39. Of those, 43.96% are married, 11.58% are divorced or separated, 39.89% are single and 4.66% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $9,900. The median monthly mortgage repayment for households in this suburb is $1,900 which is 19.19% of their earnings.

    Source: ABS Census Data (2021)

  2. Housing in the serene suburban setting of Clarence Park, 5034, located in South Australia, offers potential for savvy property investors. Estimated to encompass approximately 1,262 households, as of the Q3 2023, Clarence Park depicts a vibrant property market. Typical house prices in the suburb sit at an impressive $1,165,589, with Median weekly rent established at $544. This translates to an indicative yield of approximately 2.43%, a figure slightly below the ideal market requirement but still indicating potential for cash flow.

    The socioeconomic score in Clarence Park is a robust 1054 out of 1217, denoting a prosperous neighbourhood with access to substantial economic resources. The renter to owner ratio hovers around 31%, maintaining a fairly balanced property climate while the unit to house ratio of 37% implies less competition among landlords for tenants and a stable rental yield.

    Despite the higher affordability index of 46 years, which surpasses the standard 30-year mortgage term, Clarence Park sustains a thriving property market. stock on market Percentage for houses stands at an extremely favourable 0.12%, signalling low supply, while the inventory level of 0.39 months further emphasises this.

    Tellingly, the building approvals ratio for houses is at a low 0.0%, hinting at a limited supply of new dwellings. The average number of days on market (DoM) for houses is remarkably low at just 3 days, another strong indicator of high demand. Despite combining both house and unit statistics, the vacancy rate remains quite low at just 1.04%, conveying a high demand real estate district.

    Further bolstering Clarence Park’s investment allure is a buy search index of 6 for houses, underscoring high demand for property in this suburb. Although these statistics do show some divergence, with a majority leaning towards a favourable investing climate, it’s worth noting that Clarence Park is well-positioned for potential growth.

    Overall, Clarence Park presents a promising picture from a real estate investment perspective, particularly for those focussed on longer-term capital gains. HtAG analytics’ Relative Composite Score (RCS), based on over 80 metrics, could further aid investors in making educated decisions in this market. As always, the data should be corroborated with real-time market trends to ensure a well-rounded property investment strategy.

    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.

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