Suburb Profile Report for Clovelly NSW (2031)

Clovelly House: Median price $3,162,500, Annual capital growth 9.20%, Number of sales 53, Weekly median advertised rent $1,300

Clovelly Unit: Median price $1,276,000, Annual capital growth 8.42%, Number of sales 56, Weekly median advertised rent $790

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 30.14% for the last 12 months, Clovelly, 2031 has performed for property investments than its average annual 9.20% property growth over the last 5 years.

Over the longer term, Clovelly has seen property prices show investors a 63.23% return over the last 3 years. This is worse than over the last 12 months

Clovelly, 2031 is offering NSW ‘s 107th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.

Renters in Suburb are facing rents around $15600 per annum or $1300 every week.

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 19.81%.

If we look at median property appreciation over just the last three months, Clovelly has given property investors a paper return of 5.67%. This puts Suburb as 80 on a list of fastest fasting appreciating suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Clovelly, 2031. Typically our figures indicate that -6.22% is being offered, which puts this NSW suburb at 457th most discounted overall in Australia.

Advertised rents are around the $790 mark per week – giving a return of 3.22% based on the median price in Suburb

Metrics i HOUSE UNIT
$3,162,500 $1,276,000
0.40% 5.67%
30.14% 19.81%
9.20% 8.42%
$1,300 $790
53 56
2.14% 3.22%
52.9 25.4

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 4580
Median household income ($/weekly) 2529
Median age of persons 37
Median housing loan repayment ($/monthly) 3067
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 574 12.5
    25-34 years 754 16.5
    35-44 years 918 20.0
    45-54 years 650 14.2
    55-64 years 475 10.4
    Others 1209 26.4
    Age Group
    Census Count Percent(%)
    Registered Married 1512 46.3
    Not Married 1231 37.7
    Defacto Relationship 520 15.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3086 71.9
    Papua New Guinea 104 2.4
    South Africa 78 1.8
    United Kingdom 434 10.1
    Other 207 4.8
    Others 385 9.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 96 2.4
    Christianity 2442 60.0
    Islam 22 0.5
    Judaism 190 4.7
    No Religion 1292 31.8
    Others 26 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 141 9.1
    $2,000-$2,499 117 7.5
    $2,500-$2,999 283 18.2
    $3,000-$3,499 140 9.0
    $4,000 or more 253 16.2
    Others 623 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1694 50.0
    Not in the labour force 824 24.3
    Employed, worked part-time 656 19.4
    Employed, away from work 152 4.5
    Unemployed, looking for work 63 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 486 19.5
    Professionals 1060 42.5
    Technicians & trades workers 173 6.9
    Community & personal service workers 206 8.3
    Clerical & administrative workers 300 12.0
    Others 271 10.9
    Occupation
    Census Count Percent(%)
    Pre-school 120 11.0
    Infants/Primary 384 35.3
    Secondary 252 23.2
    Technical or Further Educational Institution 65 6.0
    University or other Tertiary Institutions 235 21.6
    Others 32 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1547 36.5
    Flat, unit or apartment 1432 33.7
    Semi-detached, row or terrace house, townhouse 1265 29.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 658 38.9
    Fully owned 526 31.1
    Being purchased 503 29.7
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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