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