Question 1

Is Clarence Town a nice place to live?

Accepted Answer

Clarence Town is a historic riverside village on the Williams River with a country town centre of period buildings, a handful of local shops and community facilities serving surrounding farms and lifestyle properties. Streets near the river mix older timber cottages, single-acre blocks and established farmhouses, so the suburb suits people looking for a quieter rural pace, space and river access for boating or fishing. Road links to nearby regional centres make day trips straightforward, and the river flats and timbered hills contribute to its relaxed, small-town character.

The community is strongly family-centred, with couples with children the largest group and most homes owner-occupied (90.5%). The population is relatively small and settled, with a median age of 39 and a typical household income of $1,934 a week. A major bridge replacement is underway and council planning work, including a Structure Plan and Streetscape Master Plan, is in progress alongside other infrastructure upgrades. That combination of riverside space, basic local services and ongoing local projects is what living in Clarence Town looks like; whether it suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Clarence Town?

Accepted Answer

A house rented for $650 a week in Clarence Town would take about 33.6% of a typical local household's weekly income as recorded at the most recent Census, which is roughly a third of that income. On these figures, renting a house here would take a sizeable share of what a typical local household earned at the last Census, so if you are looking to rent rather than buy that rent share is the key number to consider.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Clarence Town a good place to invest?

Accepted Answer

House values in Clarence Town fell 10.1% over the past 12 months, a sharp decline in the capital value of houses. Over the same period house rents rose 4.8%, a modest increase in rental income. In other words, the past year combined falling house prices with slightly higher rents; whether that pattern fits your investment goals depends on what you are looking for.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-10.1%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	39	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	4.8%	N/A

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