All About Clarendon Vale, Clarence, TAS, 7019

Clarendon Vale, located in the Clarence region of Tasmania, presents a housing market characterized by affordability and potential for growth. This suburb, situated approximately 15 kilometers east of Hobart’s central business district, predominantly features modest, entry-level homes that appeal to first-time buyers and investors seeking budget-friendly opportunities. In recent years, the area has garnered attention for its relatively low property prices compared to other suburbs within close proximity to Hobart. Although traditionally considered a lower-income area, the suburb is experiencing gradual development, with investments in infrastructure and community projects that promise to enhance its appeal and liveability.

Living in Clarendon Vale offers residents a sense of community in a suburban environment that is gradually evolving. The suburb is home to essential amenities such as primary schools, shops, and public transport, which provide convenience for families and individuals alike. The natural beauty of its surrounding landscapes, with nearby parks and water access, adds to the charm of this locality, offering recreational opportunities for outdoor enthusiasts. Despite its humble beginnings, Clarendon Vale is increasingly being viewed as a suburb with potential, as it continues to develop into a more vibrant and connected community, making it an attractive option for those seeking affordable living options near Hobart.

Clarendon Vale Real Estate Market Outlook

Thinking about buying in Clarendon Vale? Now could not be a better time, with 777 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $249,000 with prices in this suburb ranging from $20,000 to $667,000. Clarendon Vale is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Clarendon Vale is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Clarendon Vale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Clarendon Vale necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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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