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Clovelly Park

POSTAL CODE: SA, 5042
HOUSE
CLOVELLY PARK ranks 339th in SA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 9.7% for the past year is lower than average compared to its 77.45% growth within a five-year period.

Also in CLOVELLY PARK, the median home price is sitting at $905,000, and the average rent at $650, this suggests property owners could potentially earn a 3.73% increase in gross rental yield.

Property investors have seen a 2.67% gain in CLOVELLY PARK based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.97% growth over a ten-year period. It ranks 1959th on our list of suburbs that property investors should look into.

Surburb overview

Clovelly Park, located approximately 10 kilometres south of Adelaide's central business district, is a diverse and well-established suburb in South Australia. It falls within the City of Marion, a local government area known for its mix of residential, commercial, and industrial zones, as well as its commitment to community development. The suburb has a population of around 3,000 residents, who appreciate its convenient location, access to amenities, and proximity to both the city and the coast.

Public transportation in Clovelly Park is excellent, with Adelaide Metro buses and the nearby Clovelly Park railway station providing convenient connections to the Adelaide CBD and surrounding suburbs. The suburb is also well-connected by major roads, including South Road and Marion Road, facilitating easy access by car to the city, nearby shopping centres, and other parts of Adelaide. The Southern Expressway, located nearby, further enhances connectivity to the southern suburbs and the Fleurieu Peninsula.

The suburb offers a range of amenities that cater to the needs of its residents. Clovelly Park is close to several shopping centres, including the Castle Plaza Shopping Centre and Westfield Marion, one of the largest shopping complexes in Adelaide. These centres provide a wide array of retail, dining, and entertainment options, ensuring that residents have access to all necessary conveniences. Local shops, cafes, and essential services within the suburb further add to its accessibility and appeal.

Educational facilities in Clovelly Park include Clovelly Park Primary School and nearby secondary schools such as Hamilton Secondary College, making it a practical location for families with children. The suburb is also close to Flinders University and TAFE SA’s Tonsley campus, enhancing its appeal to students and academics.

Recreational activities in Clovelly Park are supported by its parks and proximity to other leisure facilities. The suburb is home to several parks, including Mitchell Park Oval and Rosslyn Street Reserve, which offer spaces for sports, playgrounds, and community events. The nearby Tonsley Innovation District, a redevelopment of the former Mitsubishi Motors site, has become a hub for technology, innovation, and education, adding a modern, dynamic element to the area.

Clovelly Park’s combination of suburban convenience, strong transport links, and access to a wide range of amenities makes it an attractive location for a diverse range of residents. The suburb’s mix of residential, commercial, and industrial areas, along with its proximity to educational institutions and shopping centres, continues to attract those seeking a balanced and well-connected lifestyle in one of Adelaide’s southern suburbs.

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