Giving property investors a an unimpressive capital gain of 1.54% for the last year, Clovelly Park, 5042 is the 2644th 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 1.54% over the period. This ranks it number 2032th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.89% to buyers in Clovelly Park at the moment, which is less than average for the rest of SA.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 5.40%, investors should hope to achieve an overall return of 4.16%
At number 1276th in the list of Australian suburbs ordered by increase in median house value over the last year, Clovelly Park, 5042 is in the BOTTOM 30% with a property value increase of -2.30% recorded in median house prices.
The five-year average increase in median property values for Clovelly Park,5042 has given property investors a potential capital gain of 16.44% across each of those five years.
Vendor discounting in Clovelly Park is giving property investors an average Vendor Discount of around -5.71%. This puts suburb at number 95th in SA when ranking the most discounted suburbs.
Residents and property investors in Clovelly Park have been waiting around 56.7 days to sell a property.
Clovelly Park, 5042’s gross rental yield is 4.04%