With a capital gain of 40.56% for the last 12 months, Clovelly, 2031 has performed for property investments than its average annual 9.55% property growth over the last 5 years.
The five-year average increase in median property values for Clovelly,2031 has given property investors a potential capital gain of 72.11% across each of those five years.
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.
Situated 6.90km from the CBD, Clovelly is one of Randwick localities in the postcode 2031.
If you compare the increase in value of investment property in Clovelly, 2031 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.38%.
Comparing Clovelly,2031 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Clovelly 2031 should be seeing an average reduction in asking price of around -6.22% . This means that Clovelly is holding prices well when compared to other suburbs in NSW.
Property investors should expect to get $780 weekly from the median priced house in this suburb.