Clarenza is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 602, the suburb has a mature demographic with a median age of 49. Households earn a median income of $108K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Clarenza is $801,000, having dipped slightly 2% over the past year. Units have a median price of $520,000. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,700.
Clarenza is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Clarenza offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($801K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -2.0% year-on-year.
Clarenza is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 602, the suburb has a mature demographic with a median age of 49. Households earn a median income of $108K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Clarenza is $801,000, having dipped slightly 2% over the past year. Units have a median price of $520,000. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,700.
Clarenza is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Clarenza offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($801K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -2.0% year-on-year.