Clare is a smaller suburb in South Australia within the Clare and Gilbert Valleys local government area (postcode 5453). With a population of 3,238, the suburb has a mature demographic with a median age of 45. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, German.
Units have a median price of $414,000 (+13% YoY). The current median weekly rent is $402. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,256.
Clare is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1017, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Clare and Gilbert Valleys LGA is below average at 2,656 incidents per 100,000 population.
From an investment perspective, Clare offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($414K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +13.0% year-on-year.
Clare is a smaller suburb in South Australia within the Clare and Gilbert Valleys local government area (postcode 5453). With a population of 3,238, the suburb has a mature demographic with a median age of 45. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, German.
Units have a median price of $414,000 (+13% YoY). The current median weekly rent is $402. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,256.
Clare is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1017, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Clare and Gilbert Valleys LGA is below average at 2,656 incidents per 100,000 population.
From an investment perspective, Clare offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($414K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +13.0% year-on-year.