Suburb Profile Report for Clovelly NSW (2031)

Clovelly House: Median price $3,187,500, Annual capital growth 9.64%, Number of sales 49, Weekly median advertised rent $1,325

Clovelly Unit: Median price $1,350,000, Annual capital growth 9.63%, Number of sales 56, Weekly median advertised rent $750

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$3,187,500 $1,350,000
0.39% 8.65%
30.64% 30.43%
9.64% 9.63%
$1,325 $750
49 56
2.16% 2.89%
64.93 25.4

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in Clovelly NSW
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
Chart Table
Recent sales & rentals