Suburb Profile Report for Clifton Hill VIC (3068)

Clifton Hill House: Median price $1,270,000, Annual capital growth 6.90%, Number of sales 58, Weekly median advertised rent $680

Clifton Hill Unit: Median price $705,000, Annual capital growth 4.17%, Number of sales 25, Weekly median advertised rent $480

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Clifton Hill, 3068 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -7.69%.

Comparing Clifton Hill,3068 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Clifton Hill is $1270000, with sellers offering an average of -5.62% off the asking price.

Situated 3.86km from the CBD, Clifton Hill is one of Yarra (C) localities in the postcode 3068.

Clifton Hill has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -5.87% to date .

If we look at median property appreciation over just the last three months, Clifton Hill has given property investors a paper return of -2.40%. This puts Suburb as 270 on a list of fastest fasting appreciating suburbs in VIC

Vendor discounting in Clifton Hill is giving property investors an average Vendor Discount of around -4.26%. This puts suburb at number 225th in VIC when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Clifton Hill the average time real estate has been on the market is 60.6667 days.

The VIC suburb of Clifton Hill, 3068 is in the Yarra (C) local government area.

Metrics i HOUSE UNIT
$1,270,000 $705,000
1.09% -2.40%
-7.69% -5.87%
6.90% 4.17%
$680 $480
58 25
2.78% 3.54%
41.8888888888889 60.6666666666667

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very 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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