Property investors who have had real estate in Clifton Hill, 3068 should be ok 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 2.64%
Comparing Clifton Hill,3068 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Clifton Hill, 3068’s gross rental yield is 2.56%
Clifton Hill has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -9.07% to date .
Clifton Hill,3068 was ranked 237 in Australia by increase in median property value over the quarter.
Clifton Hill, 3068 is offering VIC ‘s 238th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 4.89%, investors should hope to achieve an overall return of 3.57%