AREA REPORTS

Clovelly

 

 

NSW/
Clovelly

Suburb Profile

Clovelly - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2031

house
unit

Property investors have seen a -5.32% drop in CLOVELLY based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains CLOVELLY, 2031 saw average growth in the long term.

The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $3,130,000

Profits averaged 13.04% per annum over a 3-year period, due to an upward trend in home prices in CLOVELLY, 2031.

This means, real estate investors could earn a rental income of $1500 based on current median home prices for the suburb.

The gross rental yield in CLOVELLY, 2031 is 2.49%.

An average of 4.25 real estate transactions take place per month in CLOVELLY which translates to 51 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $3,130,000 $1,417,500
GROWTH REPORT
Median Quarterly -5.32% -3.34%
Median 12 month -3.69% 2.35%
Median 3 years 39.11% 31.49%
Median 5 years 62.18% 70.27%
10 years average annual 7.59% 9.1%
Weekly media advert. rent $1500 $800
Time on Market 35.4 days 44.2 days
Gross Rental Yield Percent 2.49% 2.93%
demographics (median values)
Total Population
4428
Weekly Household Income
1787
Household Size
2.40
demographics
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