Suburb Profile Report for Clovelly Park SA (5042)

Clovelly Park House: Median price $435,999, Annual capital growth 4.96%, Number of sales 64, Weekly median advertised rent $360

Clovelly Park Unit: Median price $430,000, Annual capital growth 7.14%, Number of sales 30, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Clovelly Park, 5042 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 0.23%.

Comparing Clovelly Park,5042 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Clovelly Park should be aiming for at least -7.85% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1078 in a list of fastest selling suburbs, Clovelly Park is in the TOP 30% of suburbs in Australia with an average of days on market 62.83 for properties listed there.

SA has seen average median house prices change by 4.27% which means that Clovelly Park, 5042 has done well for property investors by showing a capital gain of 19.44% over the last year

The five-year average increase in median property values for Clovelly Park,5042 has given property investors a potential capital gain of 20.45% across each of those five years.

Sellers are offering property buyers an average discount of -5.38% to buyers in Clovelly Park at the moment, which is less than average for the rest of SA.

The SA suburb of Clovelly Park, 5042 is in the Marion local government area.

HOUSE UNIT
$435,999 $430,000
-2.46% -0.58%
0.23% 19.44%
4.96% 7.14%
$360 $330
64 30
4.29% 3.99%
62.83 74.08

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2972
Median household income ($/weekly) 985
Median age of persons 36
Median housing loan repayment ($/monthly) 1599
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 337 11.3
    25-34 years 499 16.8
    35-44 years 475 16.0
    45-54 years 367 12.3
    55-64 years 277 9.3
    Others 1019 34.3
    Age Group
    Census Count Percent(%)
    Not Married 1091 48.4
    Registered Married 917 40.7
    Defacto Relationship 247 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1972 70.1
    Croatia 87 3.1
    Indonesia 70 2.5
    United Kingdom 149 5.3
    Other 151 5.4
    Others 384 13.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 101 3.8
    Christianity 1541 57.9
    Hinduism 67 2.5
    Islam 93 3.5
    No Religion 819 30.8
    Others 39 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 128 11.7
    $600-$799 119 10.9
    $800-$999 121 11.0
    $1,000-$1,249 114 10.4
    $1,500-$1,999 132 12.0
    Others 482 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 869 37.6
    Employed, worked full-time 785 34.0
    Employed, worked part-time 478 20.7
    Unemployed, looking for work 99 4.3
    Employed, away from work 80 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 278 20.7
    Technicians & trades workers 203 15.1
    Community & personal service workers 151 11.2
    Clerical & administrative workers 253 18.8
    Labourers 141 10.5
    Others 317 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.6
    Infants/Primary 231 32.4
    Secondary 147 20.6
    Technical or Further Educational Institution 72 10.1
    University or other Tertiary Institutions 190 26.7
    Others 25 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2113 75.0
    Semi-detached, row or terrace house, townhouse 454 16.1
    Flat, unit or apartment 248 8.8
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 404 34.6
    Fully owned 380 32.5
    Being purchased 379 32.4
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals