VIC/
Clifton hill

Suburb Profile

Clifton Hill - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3068

house
unit

CLIFTON HILL, 3068 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling CLIFTON HILL, 3068 values up and netting property investors a capital gain of 19.91% for the past year.

Investors saw the median home price rise to $1,385,000.

Profits due to an upward trend in home prices in the suburb averaged 18.19% per annum over a 3-year period.

CLIFTON HILL now ranks at the 30th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CLIFTON HILL are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $635 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CLIFTON HILL, homes and units usually stay on listing for an average of 37.3 days.

In 2016, 77 properties were sold in CLIFTON HILL during the past year, making it the 73rd most active market in VIC based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,385,000 $620,500
GROWTH REPORT
Median Quarterly 11.07% -13.82%
Median 12 month 19.91% -6.27%
Median 3 years 54.58% 10.17%
Median 5 years 77.56% 19.79%
10 years average annual 9.82% 5.48%
Weekly media advert. rent $635 $380
Time on Market 37.3 days 68.0 days
Gross Rental Yield Percent 2.38% 3.18%
demographics (median values)
Total Population
5387
Weekly Household Income
1540
Household Size
2.20
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