Clovelly, 2031 ranked 54th in NSW when comparing growth in median property values or capital gain over the last 12 months. Clovelly is one of 3162 in our list for NSW
Taking the average capital gain, or increase in median house value, Clovelly,2031 has racked up an average of 26.73% over the period. This ranks it number 606th in the whole country for real estate investors looking at median house price increases.
Often selling an investment property can take time, and in Clovelly the average time real estate has been on the market is 36.21 days.
Property investors should expect to get $1150 weekly from the median priced house in this suburb.
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 15.58%
When looking at the potential capital gains offered to property investors over the last 3 years, Clovelly comes in at number 315th in NSW.
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.
Using the current median advertised rental of $750 and the average annual increase in value of a median property of 7.19%, investors should hope to achieve an overall return of 3.39%