Question 1

Is Mount Clarence a nice place to live?

Accepted Answer

Mount Clarence sits around a steep, bush-clad hill overlooking Princess Royal Harbour and King George Sound, mixing residential streets with a significant public reserve and memorial precinct that includes the National Anzac Centre and several lookouts. Housing ranges from weatherboard cottages and interwar villas to newer hillside homes, many with harbour or headland views, and residents have coastal walking tracks, picnic spots and panoramic vistas close at hand while shops and services in Albany town are nearby. It will suit people who value history, scenic outlooks and easy access between bush and town.

It is a small community of 728 people with a median age of 45 and around 69.2% owner-occupied homes, a picture of a settled, largely owner-occupied suburb. The area is also part of the Albany Heritage Park precinct, where trail designs are in place, a mountain-bike pilot trail has been completed and planning is under way for an expanded cultural and botanic trail network and a Link Trails Network with measures for dieback and weed management.

Question 2

Is it expensive to live in Mount Clarence?

Accepted Answer

On the figures, renting a house at $650 a week in Mount Clarence would take about 41% of a typical local household's weekly income as recorded at the most recent Census. That is a large share of income, so for renters this is the key cost to weigh; whether that feels expensive depends on your own income and circumstances.

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 Mount Clarence a good place to invest?

Accepted Answer

House values in Mount Clarence climbed 12.1% over the past 12 months, a strong rise in what a house in the suburb is worth. That figure is a measure of capital growth, so for someone focused on price appreciation it is the key number to note from the past year.

There is less recent data available for units and for how rents moved, so the available information mainly reflects changes in house prices. Whether that kind of movement suits your needs depends on what you want from an investment, such as capital growth versus rental income.

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	12.1%	N/A
Sold Past 3 months	4	3
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	N/A	N/A

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