Clare is the picturesque capital of the Clare Valley wine region, one of Australia's most celebrated cool-climate Riesling destinations. The famous Riesling Trail cycling path, boutique cellar doors, farm-gate produce, and an authentic rural pace of life attract lifestyle buyers and investors from Adelaide, with improving population growth driving market fundamentals. At the current $450k median house price, an 80% loan at 6.25% over 30 years is about $2,217 per month.
| Median house price | $450,000 |
|---|---|
| Median unit price | $278,000 |
| Estimated monthly repayment | $2,217 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.5% |
| Gross rental yield | 5.8% |
| Typical days on market | 30 |
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