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Clematis, VIC 3782

Home » VIC Real Estate Data » Cardinia Shire, VIC » Clematis, VIC 3782

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 Clematis, VIC 3782 located in Melbourne 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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4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

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3BR

Yield 

1BR

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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 “Clematis, VIC 3782”

  1. The total adult population (15 years or older) of Clematis 3782 VIC is 288, with a median age of 39. Of those, 47.57% are married, 15.28% are divorced or separated, 31.94% are single and 4.51% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $9,924. The median monthly mortgage repayment for households in this suburb is $2,000 which is 20.15% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Clematis, postcode 3782, is situated in Victoria. It’s a smaller suburb, with an estimated 154 households. In the third quarter of 2023, the typical house price in Clematis was recorded at $828,271. The median weekly rent here stands at $533, generating an indicative yield of 3.35%. From a financial perspective, this yield meets the minimum 3% required by cashflow-focused property investors, making Clematis a potential market to consider for this investment strategy.

    Clematis has an IRSAD score of 1032 out of 1217, showing a relatively high socio-economic status for its residents. The lower renter to owner ratio of 6%, far below the risk threshold of 30%, suggests that the area isn’t oversaturated with rental properties. This can be beneficial to investors as it reduces competition and ensures more favourable return prospects in the long run.

    The properties in Clematis are entirely houses, indicated by a 0% unit to house ratio. This is an appealing factor for investors as the lack of unit competition assists in maintaining rental yield levels and attracting families as tenants, who typically have longer tenancy periods.

    The affordability index in Clematis is above the favourable range, at 33 years. This indicates that it takes longer than average for homeowners to fully own a property, suggesting the houses may not be very affordable for the majority of the residents.

    Looking at supply metrics, the stock on market Percentage of 1.3% is just on the threshold of a high supply market, which is not particularly favourable for investors. However, the inventory level of 2.67 months suggests a balanced market. With a building approvals Ratio of 0.0%, there doesn’t appear to be an inflow of new dwelling stock in the market.

    On the demand side, the days on market for houses in Clematis is relatively high at 215 days indicating lower demand. However, the buy search index for houses in the suburb is high at 9 indicating that while it might take longer for properties to sell, there is noticeable interest. The vacancy rate is on the higher side at 10% indicating there might be an oversupply of rental properties which could put downward pressure on rents.

    In conclusion, Clematis, 3782, is showing some positive markers for property investment. However, potential investors need to be mindful of the few challenges presented by the market fundamentals. Location should not be the only determining factor, as is the case with using RCS or Relative Composite Score that incorporates over 80 metrics to provide a comprehensive study of the market.

    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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