This property is Off Market
With an average age of 50, households expect an average monthly mortgage payment of $1,997 or a weekly rent payment of $250. The average family earns a weekly income of $2,174 with a typical household size of 2.6 and a 95.57% employment rate.
Consistent high demand relative to supply is a key feature in Kangarilla driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Kangarilla 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. Low average earnings from people in Kangarilla leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Kangarilla to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Kangarilla we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Kangarilla a better buying opportunity than it may have been in the past.
(Country of Birth not stated 5%)
Clarendon a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
South Australia State average 45 / 100
Income
67 / 100
44 / 100
Industry
12 / 100
34 / 100
Population
19 / 100
37 / 100
House Prices
82 / 100
62 / 100
Jobs
15 / 100
33 / 100
Incidents Trend State Average
Meadows Primary School
Meadows, SA, 5201 State R-7
Coorara Primary School
Morphett Vale, SA, 5162 State U, R-7
McLaren Flat Primary School
Mclaren Flat, SA, 5171 State R-7
Happy Valley Primary School
Happy Valley, SA, 5159 State R-7
Clarendon Primary School
Clarendon, SA, 5157 State R-7
Kangarilla Primary School
Kangarilla, SA, 5157 State R-7
To see the latest development applications
Join usAlready have an account? Sign in
134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure