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Clarence City Council, TAS

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In the Clarence City Council TAS Property market, there are a wide variety of properties for sale. For those looking to invest in property, the Council TAS shares many of the same features as other cities in Tasmania. However, the Clarence City Council TAS also has its own individual attractions and amenities to offer prospective homeowners.

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There are a few key considerations to keep in mind when investing in a property in Clarence City Council TAS, which we will explore here.

As with any other city in Tasmania, Clarence City Council TAS is attracting many first home buyers. For those looking to purchase property in the Clarence City Council, the TAS property market is a strong indicator of how the area will be trending.

The Council is also ripe for investment buyers. For example, Clarence City Council TAS benefits from many community initiatives including RTA Travel Connect, South Beach Festival, and Clarence Festival. The Australian National Rail Trail is the other local community initiative in Clarence City Council TAS with a considerable appeal.

The majority of Clarence City Council TAS property values have increased substantially since the last property boom. These improvements in property values are also the result of an ongoing increase in the number of businesses in the area. This increase has, as such, been accompanied by a more balanced economic growth with further effects on the demand of property.

What makes the Clarence City Council TAS property market so unique is its proximity to cities such as Hobart. This has made it a convenient choice for the city-dweller seeking property. There are a number of important other things to keep in mind when investing in property in Clarence City Council TAS. For example, you may want to choose a property which is located in a high demand area, as such properties are likely to sell quickly. Alternatively, you may wish to choose a property which has an excellent community and benefits from a number of nearby attractions, such as a public school. As such, when considering whether to buy a property in Clarence City Council TAS, it is important to factor in lifestyle impolications that might affect future property price growth, irrespective if you are a home buyer or an investor.

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Suburb Heatmap Analysis

Property Market Snapshot

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

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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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
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SOM 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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Property Market in Clarence City Council, TAS

What LGAs neighbour Clarence City Council, TAS?

Clarence City Council is surrounded by 3 other council areas – Brighton, Southern Midlands, Sorell.

How many people live in Clarence City Council, TAS?

There are approximately 55 000 people living in roughly 24 000 dwellings with an average household size of 2.4. A population density is nearly 156 persons per square km.

What are current and planned infrastructure projects in Clarence City Council, TAS?

Several projects are being in progress, such as City Heart Project, Kangaroo Bay enhancement project, Seven Mile Beach Drainage, Bellerive Public Pier project.

What major retailers are there in Clarence City Council, TAS?

There are several retailers, such as Shopping Mall Eastlands, Glebe Hill Village, Clarence Market, 2 Good 2 be Threw, Buffalo Road Imports, Clarence Hollow Antique Mall and Bonadio Country Store.

What are the dominant demographic groups in Clarence City Council, TAS?

Among approximately 55 000 people living in Clarence males and females make roughly 48% and 52% respectively. The median age is 43 years.

How is unemployment rate trending in Clarence City Council, TAS?

Approximately 25000 people living in City of Clarence are employed, of which 41% working part-time and 58% working full-time.

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