Clarence Park suburb profile
Clarence Park is an established inner-southern Adelaide suburb with a compact, residential character. Tree-lined streets of Victorian and interwar cottages sit alongside low-rise units and newer infill, so the area blends period charm with practical smaller-footprint housing. A modest local shopping strip and cafes cover everyday needs while nearby Goodwood offers a larger retail and entertainment precinct. Parks and sporting ovals provide green space for families and dog walkers, and regular public transport and arterial roads make trips into the city and surrounding suburbs straightforward. The suburb appeals to young professionals, families and downsizers seeking a close-in, settled neighbourhood.
Clarence Park property market performance
Current median dwelling price$742,000Past 3 months
Property growth+8.8%Past 12 months
There haven't been enough recent sales to publish a reliable median price for houses or units. The figures that are available show house values rose sharply, up 16.1% over the last 12 months, while unit values edged up a marginal 1.5% over the same period.
Over the last 3 months seven houses and one unit were sold. Over the last 12 months houses sold in a median of 47 days and units in a median of 49 days, so they sold in a similar time.
The rental market in Clarence Park saw house rents average $698 a week over the last 12 months, up a solid 7.4%, while unit rents averaged $495 a week, down a slight 1.0% over the same period. House rents grew more strongly than unit rents.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 16.1% | 1.5% |
Sold Past 3 months | 7 | 1 |
Median days on market Past 12 months | 47 | 49 |
Average rent Past 12 months | $698 | $495 |
Change in rent Past 12 months | 7.4% | -1.0% |
5 year median price trend for houses and units
Clarence Park demographics
Among reported families, couple families with children are the largest group at 45.8%. Together with couple families without children (38.7%), they account for 84.5% of families. One-parent families make up 13.3% and other families 2.3%.
The suburb is home to 2,658 people, with a median age of 39. The median total household income is $1,799 a week, which is about $93,548 a year.
In Clarence Park, owner-occupation is the norm: roughly two-thirds of homes (68.6%) are owner-occupied, split between 36.0% owned outright and 32.6% owned with a mortgage, while renters account for 31.4%.
Suburbs near Clarence Park
Some popular suburbs near Clarence Park include:
How does Clarence Park compare to nearby suburbs?
- House price growth: Over the past 12 months, house prices in Clarence Park have grown 6.1% higher than in Cumberland Park.
- Unit price growth: Property prices in nearby Cumberland Park have risen 14.0% more than in Clarence Park over the past year.
- Selling speed for houses: Properties in Clarence Park are selling 16.1% faster than in Cumberland Park.
- Selling speed for units: Properties in nearby Cumberland Park are selling 10.2% faster than in Clarence Park.
- Investment considerations: In Clarence Park, the rental yield for house is 10.1% higher than the Adelaide average, while the rental yield for units is 0.8% higher.
- House price growth: Over the past 12 months, house prices in Clarence Park have grown 41.4% higher than the average rate of growth across Adelaide.
- Unit price growth:Over the past 12 months, unit prices in Clarence Park have grown 6.0% higher than the average rate of growth for units across Adelaide.

