Clifton Hill, 3068 ranked 452th in VIC when comparing growth in median property values or capital gain over the last 12 months. Clifton Hill is one of 2098 in our list for VIC
The five-year average increase in median property values for Clifton Hill,3068 has given property investors a potential capital gain of 47.94% across each of those five years.
Clifton Hill3068 is located in VIC which offers an average discount of -6.04% to property investors. Clifton Hill itself is showing figures that indicate -2.10% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $625 and the average annual increase in value of a median property of 9.24%, investors should hope to achieve an overall return of 2.79%
VIC has seen average median house prices change by 3.63% which means that Clifton Hill, 3068 has done well for property investors by showing a capital gain of 0.41% over the last year
While Clifton Hill,3068 ranked number 343th in VIC for increase in median house value (annualised) increase, it is ranked 94th over the last 5 years.
Vendor discounting in Clifton Hill is giving property investors an average Vendor Discount of around -3.00%. This puts suburb at number 282th in VIC when ranking the most discounted suburbs.
A $375 per week rent on the median house gives suburb investors a gross yield of circa 3.17%, without taking into account capital value appreciation, which has been averaging out at 5.19%.