Suburb Profile Report for Clifton Hill VIC (3068)

Clifton Hill House: Median price $1,375,000, Annual capital growth 9.91%, Number of sales 71, Weekly median advertised rent $630

Clifton Hill Unit: Median price $644,250, Annual capital growth 5.77%, Number of sales 46, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$1,375,000 $644,250
12.02% -13.81%
18.18% 0.66%
9.91% 5.77%
$630 $380
71 46
2.38% 3.07%
36.63 59.28

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