Property investors who have had real estate in Clovelly, 2031 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 21.76%
Over the longer term, Clovelly has seen property prices show investors a 57.18% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -8.57% to buyers in Clovelly at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.
Giving property investors a a solid capital gain of 28.74% for the last year, Clovelly, 2031 is the 46th highest performer in Australia in this respect.
The five-year average increase in median property values for Clovelly,2031 has given property investors a potential capital gain of 72.61% across each of those five years.
Advertised rents are around the $750 mark per week – giving a return of 2.88% based on the median price in Suburb