With a capital gain of 6.44% for the last 12 months, Clovelly Park, 5042 has performed for property investments than its average annual 5.56% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Clovelly Park comes in at number 168th in SA.
Vendor discounting in Clovelly Park is giving property investors an average Vendor Discount of around -5.61%. This puts suburb at number 248th in SA when ranking the most discounted suburbs.
With the median price for a house in Clovelly Park being $479000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.91%
Property investors who have had real estate in Clovelly Park, 5042 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.19%
Clovelly Park,5042 has offered an average of -9.19% return per annum in house price rises to property investors over the last three years.
The most recent median price for Clovelly Park is $410000, with sellers offering an average of -4.98% off the asking price.
Residents and property investors in Clovelly Park have been waiting around 54.88 days to sell a property.
Situated 7.12km from the CBD, Clovelly Park is one of Marion localities in the postcode 5042.