Over the last year, property investments in Clovelly Park, 5042 have given investors a capital gain of 2.27%. This compares averagely with the 3.22% for SA as a whole.
The five-year average increase in median property values for Clovelly Park,5042 has given property investors a potential capital gain of 14.36% across each of those five years.
The most recent median price for Clovelly Park is $450000, with sellers offering an average of -9.16% off the asking price.
Clovelly Park, 5042’s gross rental yield is 4.28%
At number 795th in the list of Australian suburbs ordered by increase in median house value over the last year, Clovelly Park, 5042 is in the top half with a property value increase of 3.61% 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 12.79% 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 -5.21% . This means that Clovelly Park is holding prices well when compared to other suburbs in SA.
Often selling an investment property can take time, and in Clovelly Park the average time real estate has been on the market is 75.91 days.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 3.99%, without taking into account capital value appreciation, which has been averaging out at 6.98%.