Clifton Hill snapshot
- Median price: $1,217,294
- Median weekly rent: $879/wk
- Population: 9,855
- Days on market: 51 days
How Clifton Hill stacks up
- Rental Yield: Moderate
- Capital Growth: Moderate
- Vacancy: Low
About Clifton Hill
Clifton Hill is an appealing suburb for property investors, boasting a median property price of over $1.2 million. With a population of nearly 10,000 residents, the suburb offers a vibrant community atmosphere that can attract potential tenants. The typical days on the market for properties here is around 51, indicating a steady demand for housing in the area.
Investors can benefit from moderate capital growth and a low rental vacancy rate, suggesting a healthy rental market. The median weekly rent of $879 reflects the suburb's desirability, and the moderate rental yield band indicates a balanced return on investment potential. Overall, Clifton Hill presents a promising opportunity for those looking to invest in a thriving Melbourne suburb.
Frequently asked questions
What is the median property price in Clifton Hill?
The median property price in Clifton Hill is $1,217,294.
How much can I expect to rent my property for?
The median weekly rent in Clifton Hill is $879.
What is the population of Clifton Hill?
Clifton Hill has a population of 9,855.
How long do properties typically stay on the market?
Properties in Clifton Hill typically stay on the market for around 51 days.
What is the rental vacancy rate like in Clifton Hill?
The rental vacancy rate in Clifton Hill is considered low.