Over the last year, property investments in Clifton Hill, 3068 have given investors a capital gain of 18.18%. This compares very favourably with the 9.78% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Clifton Hill comes in at number 54th in VIC.
Sellers are offering property buyers an average discount of -6.64% to buyers in Clifton Hill at the moment, which is less than average for the rest of VIC.
Renters in Suburb are facing rents around $7560 per annum or $630 every week.
Over the last year, property investments in Clifton Hill, 3068 have given investors a capital gain of 0.66%. This compares badly with the 4.83% for VIC as a whole.
Clifton Hill,3068 was ranked 1664 in Australia by increase in median property value over the quarter.
At number 146th of VIC’s most discounted properties, Clifton Hill is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 46 properties changed hands in Clifton Hill, which puts it as the 192th most active market in VIC when comparing the number of sales per suburb.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 3.07%, without taking into account capital value appreciation, which has been averaging out at 5.77%.