Giving property investors a an average capital gain of 6.00% for the last year, Clovelly Park, 5042 is the 2054th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Clovelly Park,5042 has racked up an average of 6.00% over the period. This ranks it number 2362th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Clovelly Park 5042 should be seeing an average reduction in asking price of around -4.83% . This means that Clovelly Park is holding prices well when compared to other suburbs in SA.
At number 647 in a list of fastest selling suburbs, Clovelly Park is in the TOP 20% of suburbs in Australia with an average of days on market 50.91 for properties listed there.
Clovelly Park, 5042’s gross rental yield is 3.92%
Clovelly Park is in the bottom 10% in SA when comparing median price capital growth over the last year. Clovelly Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.32%.
Clovelly Park,5042 was ranked 1443 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Clovelly Park should be aiming for at least -4.59% off the asking price, which is the average vendor discount being achieved at the moment.
The SA suburb of Clovelly Park, 5042 is in the Marion local government area.