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.