Clovelly, 2031 ranked 48th in NSW when comparing growth in median property values or capital gain over the last 12 months. Clovelly is one of 3163 in our list for NSW
Over the longer term, Clovelly has seen property prices show investors a 59.38% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Clovelly is $3187500, with sellers offering an average of -8.57% off the asking price.
Clovelly is in the TOP 10% in NSW when comparing median price capital growth over the last year. Clovelly gave property investors a very good capital gain figure when compared to the rest of the state, with 30.43%.
While Clovelly,2031 ranked number 56th in NSW for increase in median house value (annualised) increase, it is ranked 102th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Clovelly is offering property investors an average of -4.26. This rate of discount on properties puts Suburb at number 46th in terms of most discounted suburbs in NSW
With the median price for a house in Clovelly being $1350000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 2.89%