All About Clarence Park, Unley, SA, 5034

Clarence Park, a suburb within the City of Unley in South Australia, offers a charming blend of suburban tranquility and proximity to urban amenities, making it a desirable location in the housing market. The suburb is characterized by its tree-lined streets and a mix of architectural styles, including well-maintained bungalows and contemporary townhouses. Over the years, Clarence Park has seen a steady growth in property values, driven by its appeal to both families and young professionals who appreciate its accessibility to Adelaide's city center. The housing market here benefits from a robust demand due to the area's established community feel, reputable schools, and excellent public transport links, including a train station and several bus routes. Moreover, the suburb's close proximity to major shopping precincts and recreational facilities enhances its attractiveness to potential home buyers and investors.

Living in Clarence Park provides residents with a balanced lifestyle that combines the benefits of both suburban and city living. The local community is known for its friendly and welcoming atmosphere, with numerous parks offering leisurely outdoor spaces for families and individuals alike. Regular community events and a variety of nearby eateries and cafes add to the vibrant local culture. Additionally, the suburb’s strategic location allows for a short commute to Adelaide's city center, making it convenient for those who work in the city. Residents enjoy easy access to amenities such as schools, healthcare facilities, and shopping centers, which contribute to the high quality of life in Clarence Park. Overall, the suburb’s blend of quaint residential charm and modern conveniences makes it a compelling choice for those looking to settle in the Adelaide area.

Clarence Park Real Estate Market Outlook

Thinking about buying in Clarence Park? Now could not be a better time, with 1448 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,026,000 with prices in this suburb ranging from $159,000 to $2,938,000. Clarence Park is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Clarence Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Clarence Park ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Clarence Park classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Clarence Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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