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Cloverlea, VIC 3822
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,370,000
list-price estimate
Median Unit
$375,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Cloverlea
Cloverlea has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Investment score breakdown
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Cloverlea market and investor summary
Cloverlea sits in VIC, postcode 3822. At 5.1% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 5.1% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Cloverlea: people, income and schools
About 178 people live in Cloverlea, and the area has been growing steadily, up about 15% over five years. The median age is 44, skewed a little older, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $95,000 a year, or roughly $1,820 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 21% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 178
- +15% over 5yr
- Median age
- 44 years
- Median household income
- $95,000/yr
- Households renting
- 8%
- Family households
- 79%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 996
- Unemployment
- 2.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Cloverlea
No properties currently listed in Cloverlea
Search Cloverlea listings →Frequently asked questions about Cloverlea
What should I check before investing in Cloverlea?
Cloverlea has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
How tight is the rental market in Cloverlea?
The current vacancy rate in Cloverlea is 5.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Cloverlea?
Cloverlea has a population of approximately 178 residents, with a median age of 44.
What schools are near Cloverlea?
There are 1 school within roughly 5km of Cloverlea. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Cloverlea's population growing?
The population of Cloverlea has grown about 15% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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