Clarence Park is a smaller suburb in South Australia within the Unley local government area (postcode 5034). With a population of 2,658, the suburb has an established demographic with a median age of 39. Households earn a median income of $94K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Clarence Park is $1.2 million, having surged 13.9% over the past year. The current median weekly rent is $581. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,900.
Public transport access includes 10 bus stops. The crime rate in the Unley LGA is moderate at 4,439 incidents per 100,000 population.
From an investment perspective, Clarence Park offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 13.1x is considered stretched. House prices have moved +13.9% year-on-year.
Clarence Park is a smaller suburb in South Australia within the Unley local government area (postcode 5034). With a population of 2,658, the suburb has an established demographic with a median age of 39. Households earn a median income of $94K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Clarence Park is $1.2 million, having surged 13.9% over the past year. The current median weekly rent is $581. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,900.
Public transport access includes 10 bus stops. The crime rate in the Unley LGA is moderate at 4,439 incidents per 100,000 population.
From an investment perspective, Clarence Park offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 13.1x is considered stretched. House prices have moved +13.9% year-on-year.