Suburb Profile Report for Clifton Hill VIC (3068)

Clifton Hill House: Median price $1,220,000, Annual capital growth 9.09%, Number of sales 61, Weekly median advertised rent $630

Clifton Hill Unit: Median price $665,000, Annual capital growth 5.64%, Number of sales 37, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Clifton Hill has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.44%

When looking at the potential capital gains offered to property investors over the last 3 years, Clifton Hill comes in at number 125th in VIC.

Clifton Hill, 3068 is offering VIC ‘s 563th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.

Often selling an investment property can take time, and in Clifton Hill the average time real estate has been on the market is 41.25 days.

Renters in Suburb are facing rents around $7560 per annum or $630 every week.

With a capital gain of 12.00% for the last 12 months, Clifton Hill, 3068 has performed for property investments than its average annual 5.64% property growth over the last 5 years.

Over the longer term, Clifton Hill has seen property prices show investors a 23.15% return over the last 3 years. This is worse than over the last 12 months

At number 230th of VIC’s most discounted properties, Clifton Hill is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Clifton Hill the average time real estate has been on the market is 72.05 days.

Situated 11.92km from the CBD, Clifton Hill is one of Yarra localities in the postcode 3068.

HOUSE UNIT
$1,220,000 $665,000
3.39% 3.91%
12.44% 12.00%
9.09% 5.64%
$630 $370
61 37
2.69% 2.89%
41.25 72.05

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 5791
Median household income ($/weekly) 1956
Median age of persons 36
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 484 8.4
    25-34 years 1261 21.8
    35-44 years 1091 18.8
    45-54 years 788 13.6
    55-64 years 691 11.9
    Others 1477 25.5
    Age Group
    Census Count Percent(%)
    Not Married 2051 46.6
    Registered Married 1534 34.9
    Defacto Relationship 813 18.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4231 77.0
    Hong Kong 118 2.1
    Papua New Guinea 143 2.6
    United Kingdom 289 5.3
    Other 158 2.9
    Others 559 10.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 135 2.6
    Christianity 2206 42.0
    Islam 53 1.0
    Judaism 50 1.0
    No Religion 2775 52.8
    Others 37 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 232 11.0
    $2,000-$2,499 190 9.0
    $2,500-$2,999 325 15.4
    $3,000-$3,499 189 9.0
    $4,000 or more 222 10.5
    Others 953 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2274 48.1
    Not in the labour force 1059 22.4
    Employed, worked part-time 1057 22.4
    Employed, away from work 182 3.9
    Unemployed, looking for work 153 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 555 15.8
    Professionals 1652 47.0
    Technicians & trades workers 250 7.1
    Community & personal service workers 248 7.1
    Clerical & administrative workers 395 11.2
    Others 415 11.8
    Occupation
    Census Count Percent(%)
    Pre-school 98 7.1
    Infants/Primary 358 26.1
    Secondary 208 15.1
    Technical or Further Educational Institution 119 8.7
    University or other Tertiary Institutions 542 39.4
    Others 49 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 2588 48.9
    Separate house 1852 35.0
    Flat, unit or apartment 829 15.7
    House or flat attached to a shop, office 22 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 916 39.6
    Being purchased 716 31.0
    Fully owned 670 29.0
    Other tenure type 9 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals