Suburb Profile Report for Clovelly NSW (2031)

Clovelly House: Median price $2,970,000, Annual capital growth 8.75%, Number of sales 49, Weekly median advertised rent $1,250

Clovelly Unit: Median price $1,215,000, Annual capital growth 7.82%, Number of sales 58, Weekly median advertised rent $770

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 6.38% which means that Clovelly, 2031 has done well for property investors by showing a capital gain of 31.13% over the last year

While Clovelly,2031 ranked number 121th in NSW for increase in median house value (annualised) increase, it is ranked 516th over the last 5 years.

Often selling an investment property can take time, and in Clovelly the average time real estate has been on the market is 37.23 days.

Situated 6.86km from the CBD, Clovelly is one of Randwick localities in the postcode 2031.

Property investors who have had real estate in Clovelly, 2031 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.08%

When looking at the potential capital gains offered to property investors over the last 3 years, Clovelly comes in at number 123th in NSW.

Clovelly, 2031 is offering NSW ‘s 53th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.

Using the current median advertised rental of $770 and the average annual increase in value of a median property of 7.82%, investors should hope to achieve an overall return of 3.30%

HOUSE UNIT
$2,970,000 $1,215,000
8.00% 5.65%
31.13% 14.08%
8.75% 7.82%
$1,250 $770
49 58
2.19% 3.30%
37.23 12

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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
Chart Table
Recent sales & rentals