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Property investors have seen a -2.78% drop in CLOVELLY based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on CLOVELLY, 2031 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 27.62%.
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 $3,500,000
Profits averaged 2.56% 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 $1465 based on current median home prices for the suburb.
The gross rental yield in CLOVELLY, 2031 is 2.18%.
An average of 3.83 real estate transactions take place per month in CLOVELLY which translates to 46 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||27.62%||9.53%|
|Median 3 years||7.69%||5.78%|
|Median 5 years||52.67%||33.18%|
|10 years average annual||7.61%||7.04%|
|Weekly media advert. rent||$1465||$690|
|Time on Market||70.0 days||0.0 days|
|Gross Rental Yield Percent||2.18%||2.45%|