Suburb Profile Report for Clifton Hill VIC (3068)

Clifton Hill House: Median price $1,209,000, Annual capital growth 9.00%, Number of sales 62, Weekly median advertised rent $650

Clifton Hill Unit: Median price $663,500, Annual capital growth 5.62%, Number of sales 36, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Clifton Hill, 3068 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.89%

A 50.75% growth in median value for property investors in Clifton Hill,3068 puts this suburb at number 158th in terms of best performing suburbs in VIC

Our latest figures would indicate that property sellers in Clifton Hill are currently offering property investors an average price cut of -3.15% below the asking price at the moment.

Situated 3.87km from the CBD, Clifton Hill is one of Yarra localities in the postcode 3068.

Property value increases in Clifton Hill have tracked just higher than the VIC average of 3.19% over the last 12 months.

A 12.08% growth in median value for property investors in Clifton Hill,3068 puts this suburb at number 15th in terms of best performing suburbs in VIC

Clifton Hill, 3068 is offering VIC ‘s 233th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.

Advertised rents are around the $370 mark per week – giving a return of 2.90% based on the median price in Suburb

HOUSE UNIT
$1,209,000 $663,500
4.22% 10.81%
12.89% 8.33%
9.00% 5.62%
$650 $370
62 36
2.80% 2.90%
43.6 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
Chart Table
Recent sales & rentals