Suburb Profile Report for Clovelly NSW (2031)

Clovelly House: Median price $2,775,000, Annual capital growth 7.89%, Number of sales 50, Weekly median advertised rent $1,175

Clovelly Unit: Median price $1,200,000, Annual capital growth 7.82%, Number of sales 55, Weekly median advertised rent $750

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Clovelly has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 27.88%

Taking the average capital gain, or increase in median house value, Clovelly,2031 has racked up an average of 27.88% over the period. This ranks it number 547th in the whole country for real estate investors looking at median house price increases.

Advertised rents are around the $1175 mark per week – giving a return of 2.20% based on the median price in Suburb

At number 109th in the list of Australian suburbs ordered by increase in median house value over the last year, Clovelly, 2031 is in the top 10% with a property value increase of 20.00% recorded in median house prices.

Clovelly,2031 has offered an average of 20.00% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Clovelly are currently offering property investors an average price cut of -6.22% below the asking price at the moment.

On average over the past year, suburb has had 4.58 sales per month, which equates to 55 per year.

Clovelly is 514th on a list of best yielding suburbs for rents in NSW with a 3.25% return

HOUSE UNIT
$2,775,000 $1,200,000
4.38% 13.74%
27.88% 20.00%
7.89% 7.82%
$1,175 $750
50 55
2.20% 3.25%
37.16 12.6

Source: CoreLogic

DSR Score for property investment : Good (U), Good (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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