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Clarkes Hill, VIC 3352
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$870,000
Median Unit
$555,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Clarkes Hill
Clarkes Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Clarkes Hill market and investor summary
In Clarkes Hill, VIC 3352, the median house sells for around $870K. At 1.9% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking.
Living in Clarkes Hill: people, income and schools
About 75 people live in Clarkes Hill, and the area has been growing steadily, up about 12% over five years. At a median age of 43, it reads as skewed a little older, and 70% of homes are owner-occupied.
The typical household income runs to around $97,000 a year (about $1,860 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 9.0 times local household income, so affordability is a genuine constraint on local buyers. 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
- 75
- +12% over 5yr
- Median age
- 43 years
- Median household income
- $97,000/yr
- Households renting
- 30%
- Family households
- 70%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1042
- 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 Clarkes Hill
No properties currently listed in Clarkes Hill
Search Clarkes Hill listings →Frequently asked questions about Clarkes Hill
What should I check before investing in Clarkes Hill?
Clarkes Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.9% 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 Clarkes Hill?
The median property price in Clarkes Hill, VIC 3352 is $870K for houses.
How tight is the rental market in Clarkes Hill?
The current vacancy rate in Clarkes Hill is 1.9%. 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 Clarkes Hill?
Clarkes Hill has a population of approximately 75 residents, with a median age of 43.
What schools are near Clarkes Hill?
There are 2 schools within roughly 5km of Clarkes Hill. 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 Clarkes Hill affordable to buy in?
A median house in Clarkes Hill costs about 9.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Clarkes Hill's population growing?
The population of Clarkes Hill 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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