Clarinda is a mid-sized suburb in Victoria within the Kingston (Vic.) local government area (postcode 3169). With a population of 7,441, the suburb has a mature demographic with a median age of 45. Households earn a median income of $83K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Greek, Australian, English.
The median house price in Clarinda is $986,000, having increased 3.7% over the past year. Units have a median price of $744,000 (-8.1% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Clarinda is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Clarinda offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($986K/$875K). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +3.7% year-on-year.
Clarinda is a mid-sized suburb in Victoria within the Kingston (Vic.) local government area (postcode 3169). With a population of 7,441, the suburb has a mature demographic with a median age of 45. Households earn a median income of $83K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Greek, Australian, English.
The median house price in Clarinda is $986,000, having increased 3.7% over the past year. Units have a median price of $744,000 (-8.1% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Clarinda is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Clarinda offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($986K/$875K). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +3.7% year-on-year.