Property investors who have had real estate in Clovelly Park, 5042 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.11%
The five-year average increase in median property values for Clovelly Park,5042 has given property investors a potential capital gain of 26.84% across each of those five years.
Property buyers and investors in Clovelly Park 5042 should be seeing an average reduction in asking price of around -5.26% . This means that Clovelly Park is holding prices well when compared to other suburbs in SA.
Residents and property investors in Clovelly Park have been waiting around 56 days to sell a property.
With the median price for a house in Clovelly Park being $482000 and the advertised rent reaching $367.5 the gross rental yield for property investors calculates out to be 3.96%
Giving property investors a a poor capital gain of -9.52% for the last year, Clovelly Park, 5042 is the 1540th highest performer in Australia in this respect.
A -1.22% growth in median value for property investors in Clovelly Park,5042 puts this suburb at number 142th in terms of best performing suburbs in SA
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Clovelly Park, 5042. Typically our figures indicate that -4.74% is being offered, which puts this SA suburb at 824th most discounted overall in Australia.
In the last year 20 properties changed hands in Clovelly Park, which puts it as the 105th most active market in SA when comparing the number of sales per suburb.