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Clarendon, VIC 3352
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$745,000
list-price estimate
Median Unit
$635,000
Gross Yield (houses)
3.5%
1yr Growth
-
Investment snapshot for Clarendon
Clarendon has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Clarendon market and investor summary
In Clarendon, VIC 3352, houses show a gross rental yield of 3.5%. At 1.6% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.5% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.
Living in Clarendon: people, income and schools
Clarendon is home to around 163 people, and the area has been growing steadily, up about 12% over five years. At a median age of 39, it reads as broadly working-age, and 93% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $93,000 a year (about $1,790 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
Families have 2 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 163
- +12% over 5yr
- Median age
- 39 years
- Median household income
- $93,000/yr
- Households renting
- 13%
- Family households
- 80%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1040
- Unemployment
- 4.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Clarendon
View all →Frequently asked questions about Clarendon
What should I check before investing in Clarendon?
Clarendon has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Clarendon?
The median property price in Clarendon, VIC 3352 is $635K for units.
What rental yield does Clarendon show?
The gross rental yield in Clarendon is 3.5% for houses and 2.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Clarendon?
The current vacancy rate in Clarendon is 1.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Clarendon?
Clarendon has a population of approximately 163 residents, with a median age of 39.
What schools are near Clarendon?
There are 2 schools within roughly 5km of Clarendon. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Clarendon's population growing?
The population of Clarendon has grown about 12% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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