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 22.09%
When looking at the potential capital gains offered to property investors over the last 3 years, Clovelly comes in at number 654th in NSW.
Using the current median advertised rental of $1150 and the average annual increase in value of a median property of 7.02%, investors should hope to achieve an overall return of 2.28%
Clovelly has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.75% to date .
Taking the average capital gain, or increase in median house value, Clovelly,2031 has racked up an average of 10.75% over the period. This ranks it number 421th in the whole country for real estate investors looking at median house price increases.
At number 6th of NSW’s most discounted properties, Clovelly is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Clovelly have been waiting around 20 days to sell a property.
Using the current median advertised rental of $750 and the average annual increase in value of a median property of 6.44%, investors should hope to achieve an overall return of 3.52%