Clovelly Park is a smaller suburb in South Australia within the Marion local government area (postcode 5042). With a population of 3,126, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $83K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Clovelly Park is $978,000, having surged 10.9% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,616.
Clovelly Park is served by 1 school, including 1 primary. The average ICSEA score is 1038, which is around the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Marion LGA is below average at 3,871 incidents per 100,000 population.
From an investment perspective, Clovelly Park offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($978K/$950K). The price-to-income ratio of 11.8x is considered stretched. House prices have moved +10.9% year-on-year.
Clovelly Park is a smaller suburb in South Australia within the Marion local government area (postcode 5042). With a population of 3,126, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $83K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Clovelly Park is $978,000, having surged 10.9% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,616.
Clovelly Park is served by 1 school, including 1 primary. The average ICSEA score is 1038, which is around the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Marion LGA is below average at 3,871 incidents per 100,000 population.
From an investment perspective, Clovelly Park offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($978K/$950K). The price-to-income ratio of 11.8x is considered stretched. House prices have moved +10.9% year-on-year.