Suburb overview
Clare is a regional centre in South Australia, Australia, with a population of approximately 3,238, making it a boutique locality. Located approximately 121 km from the Adelaide CBD, Clare is a regional area in South Australia. The median household income is $67,704 per year.
Location
Key indicators
Postcode
5453
Postcode for Clare, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
3,238
Usual resident population at the most recent census.
Median weekly rent
$438/wk
Median weekly rent — as at Jan–Mar 2026, Consumer & Business Services (SA) (CC BY 4.0).
Distance to CBD
121 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
$1,256/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
81% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why people like living in Clare
- Regional location about 121 km from Adelaide.
- Predominantly separate houses (81%) — suburban lifestyle with more land.
- Country-town feel with lower density and slower pace of life.
Who Clare suits
Pros and cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Mortgage costs are lower than the South Australia median, improving cash-flow margins.
- Lower purchase prices and more land for the money.
Cons
- Long distance to the CBD (121 km) — plan for commute time or local employment.
- Traffic can build during peak hours, especially on arterial roads.
Investment insight
3,238 residents places Clare squarely in the middle of the South Australia suburb size distribution (state median 3,699), with market depth comparable to most SA localities. Household income of $67,704/year is 16% below the South Australia median of $80,964, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median rent of $438/week (as at Jan–Mar 2026, Consumer & Business Services (SA)) equates to roughly $1,898/month — about 151% of the $1,256/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. Clare is 121 km from Adelaide, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
Investment tip
This suburb suits yield-focused investors who are comfortable with lower liquidity. Employment concentration and local population trends matter more here than in metro markets. At the 2021 Census, local rents consumed roughly 19% of household income — a dated but useful sanity check on tenant affordability.
Clare vs South Australia median
How Clare stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Clare sits above the state median; negative means below.
| Metric | Clare | SA median | Δ vs state |
|---|---|---|---|
| Population | 3,238 | 3,699 | -12% |
| Median household income | $67,704/yr | $80,964/yr | -16% |
| Median rent (weekly, 2021 Census) | $250 | $320 | -22% |
| Median mortgage (monthly, 2021 Census) | $1,256 | $1,616 | -22% |
| Distance to CBD | 121 km | 13 km | +831% |
| Separate houses | 81% | 73% | +8pp |
Investor checklist
Pre-inspection briefing for Clare — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 3,238 residents — 88% of the SA suburb median (3,699).
- Purchasing power: median household income $67,704/year (-16% vs South Australia suburb median of $80,964).
- Cash-flow coverage (2021 Census): $250/week rent (≈ $1,083/month) covered ~86% of the $1,256/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 121 km straight-line from Adelaide (state suburb median 13 km).
- Dwelling mix: 81% separate houses — house-dominant market (vs 73% state median).
- Rate stress-test: budget ~$126/month extra for a 1-percentage-point RBA rate rise on top of the $1,256/month median repayment.
- Tenant rent burden: 19% of the median household income is spent on rent — comfortably affordable.
Investment strategy
Moderate buy-and-hold potential: Clare's 3,238-person market and $67,704 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.
Strong rental coverage at the 2021 Census: $250/week (~$1,083/month) covered 86% of the $1,256/month median mortgage, a shortfall of just $173/month. Both rents and repayments have moved since 2021 — verify current figures, though this suburb has historically leaned cash-flow-friendly.
With 81% houses in a 3,238-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Risk factors
- Interest-rate sensitivity: the $1,256/month median mortgage in Clare means a 1-percentage-point RBA rate rise could add roughly $126/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Income vulnerability: household incomes in Clare are 16% below the South Australia median ($67,704 vs $80,964), which tends to compress rent growth and increases exposure to local unemployment shocks.
- Liquidity risk: with 3,238 residents, Clare has a thinner pool of buyers and tenants than larger suburbs. Expect longer days-on-market on resale and budget for potential vacancy gaps between tenancies.
- Commute distance: at 121 km from the nearest CBD, Clare depends on local employment rather than city-driven commuter demand, which amplifies the market's sensitivity to regional industry slowdowns.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Clare regardless of local market conditions.
Run the numbers on a Clare property
Walk the journey to a place like Clare
Seven guided stops — government schemes compared for your exact numbers, a real budget, suburb shortlisting and every contract deadline tracked. Free, no signup to start.
Start your journey near Clare →2026 outlook
Capital-growth expectations for Clare are modest for 2026 — incomes 16% below the SA median of $80,964 and a population of 3,238 suggest gains will lag headline metro markets. At the 2021 Census, rental coverage ran at ~86% of the typical mortgage ($1,083/month rent vs $1,256/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Clare is cautious heading into the second half of 2026, based on its income, rent and mortgage profile relative to the South Australia median.
Frequently asked questions
Is Clare a good suburb for investment?
Whether Clare suits you depends on your strategy, but the fundamentals are concrete: a population of 3,238, a median household income of $67,704/year and median weekly rent of $250. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Clare?
The main demand drivers in Clare are a median household income of $67,704/year, a dwelling mix that is 81% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Clare?
Clare has a usual resident population of approximately 3,238, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
How far is Clare from the Adelaide CBD?
Clare sits 121 km straight-line from the Adelaide CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
What is the median rent in Clare?
The median weekly rent in Clare is $438 (as at Jan–Mar 2026, Consumer & Business Services (SA)), equating to approximately $22,776/year in gross rental income. Confirm against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Clare?
The median monthly mortgage repayment in Clare is $1,256, or approximately $15,072/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
Is Clare cash-flow positive for investors?
A median weekly rent of $250 works out to $1,083/month, covering 86% of the median mortgage repayment of $1,256/month. That leaves a $173/month shortfall (around $2,076/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
What are the main risks of investing in Clare?
The main risks are a thin buyer pool (3,238 residents), interest-rate sensitivity on the $1,256 median mortgage, below-median household incomes ($67,704 vs $80,964 state median), the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
How we built this Clare profile
The population figure on this page comes from the ABS 2021 Census. The postcode comes from a community postcode dataset cross-checked against Australia Post. The dwelling mix is from the ABS 2021 Census. The median household income is the ABS 2021 Census median weekly household income, annualised. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage figures are 2021 figures and are labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key indicators is a genuine recent figure from Consumer & Business Services (SA) (Jan–Mar 2026), published under a Creative Commons licence and dated on the page. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.