Suburb Profile Report for Clifton Hill VIC (3068)

Clifton Hill House: Median price $1,369,000, Annual capital growth 7.49%, Number of sales 73, Weekly median advertised rent $650

Clifton Hill Unit: Median price $679,000, Annual capital growth 6.36%, Number of sales 33, Weekly median advertised rent $450

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

VIC has seen average median house prices change by 7.88% which means that Clifton Hill, 3068 has done well for property investors by showing a capital gain of -2.39% over the last year

Across a shorter period, Clifton Hill, 3068 has seen a median price increase of -2.21% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Clifton Hill is offering property investors an average of -5.39. This rate of discount on properties puts Suburb at number 546th in terms of most discounted suburbs in VIC

On average over the past year, suburb has had 6.08 sales per month, which equates to 73 per year.

At number 747th in the list of Australian suburbs ordered by increase in median house value over the last year, Clifton Hill, 3068 is in the top half with a property value increase of 3.35% recorded in median house prices.

If we look at median property appreciation over just the last three months, Clifton Hill has given property investors a paper return of 0.30%. This puts Suburb as 173 on a list of fastest fasting appreciating suburbs in VIC

Clifton Hill, 3068 is offering VIC ‘s 270th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.

Metrics i HOUSE UNIT
$1,369,000 $679,000
-2.21% 0.30%
-2.39% 3.35%
7.49% 6.36%
$650 $450
73 33
2.47% 3.45%
51.34 47.5

Source: CoreLogic

DSR Score for property investment : Good (H), Very 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