With a capital gain of 8.95% for the last 12 months, Clovelly Park, 5042 has performed for property investments than its average annual 5.72% property growth over the last 5 years.
Comparing Clovelly Park,5042 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Clovelly Park 5042 should be seeing an average reduction in asking price of around -6.39% . This means that Clovelly Park is holding prices well when compared to other suburbs in SA.
Often selling an investment property can take time, and in Clovelly Park the average time real estate has been on the market is 54.53 days.
Using the current median advertised rental of $367.5 and the average annual increase in value of a median property of 5.72%, investors should hope to achieve an overall return of 4.02%
Giving property investors a a poor capital gain of -10.52% for the last year, Clovelly Park, 5042 is the 1584th highest performer in Australia in this respect.
Clovelly Park,5042 has offered an average of -10.52% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Clovelly Park is giving property investors an average Vendor Discount of around -5.97%. This puts suburb at number 87th in SA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.