Gait accelerometry is a promising tool to assess human walking and reveal deteriorating gait characteristics in patients and can be a rich source of clinically relevant information about functional declines in older adults. Therefore, in this paper, we present a comprehensive set of signal features that may be used to extract clinically valuable information from gait accelerometry signals. To achieve our goal, we collected tri-axial gait accelerometry signals from 35 adults 65 years of age and older. Fourteen subjects were healthy controls, 10 participants were diagnosed with Parkinson's disease, and 11 participants were diagnosed with peripheral neuropathy. The data were collected while the participants walked on a treadmill at a preferred walking speed. Accelerometer signal features in time, frequency and time-frequency domains were extracted. The results of our analysis showed that some of the extracted features were able to differentiate between healthy and clinical populations. Signal features in all three domains were able to emphasize variability among different groups, and also revealed valuable information about variability of the signals between anterior-posterior, mediolateral, and vertical directions within subjects. The current results imply that the proposed signal features can be valuable tools for the analysis of gait accelerometry data and should be utilized in future studies.