All Suburbs

Clovelly

NSW 2031LGA: City of Randwick

Investment Score

78

/100

AI Intelligence Summary

Clovelly is an exclusive beachside suburb in Sydney's Eastern Suburbs, renowned for its protected swimming beach and premium coastal lifestyle. With a population of approximately 1,200 residents, this compact suburb commands some of the highest property prices in Sydney due to its beachfront location and limited housing stock. The area is dominated by apartments and units rather than houses, attracting affluent professionals and families who value the coastal amenities and proximity to the CBD. Clovelly Beach serves as the centerpiece of the community, offering protected swimming conditions and strong community connections through the local surf club. The suburb benefits from excellent schools, low crime rates, and easy access to the coastal walk connecting to Coogee and Bondi. While public transport relies primarily on bus services, the premium location and lifestyle offerings continue to drive strong property demand. The tight-knit community atmosphere, combined with limited development opportunities, ensures Clovelly maintains its exclusive character and market position as one of Sydney's most desirable beachside addresses.

Strengths

  • Premium beachfront location with protected swimming beach
  • Exclusive suburb with limited housing stock maintaining property values
  • Strong community feel with active surf club and local groups
  • Excellent proximity to quality schools and educational facilities

Opportunities

  • Continued premium property value growth due to scarcity
  • Infrastructure improvements for coastal protection
  • Enhanced bus transport connections to CBD
  • Development of local amenities while maintaining character

Considerations

  • Limited public transport options with no direct rail connection
  • Very high property prices limiting affordability
  • Limited local shopping and dining options
  • Parking constraints due to compact suburb layout

Property Market

Median House

$3.80M

+5.2% 1yr

Median Unit

$1.65M

+6.8% 1yr

Median Townhouse

$2.80M

Rent (House)

$2,050/wk

Rent (Unit)

$1,100/wk

Days on Market

28

Vacancy Rate

1.2%

Auction Clearance

78.0%

Price Growth

Type1 Year3 Year5 Year
House+5.2%+18.5%+32.8%
Unit+6.8%+22.1%+38.2%

Rental Yields

House Yield

2.8%

Unit Yield

3.5%

Townhouse Yield

3.1%

Investment Scorecard

Overall Investment Score78/100
Growth Potential75/100
Cashflow Score68/100
Risk Score (lower = safer)75/100
Affordability Index45/100

Demand/Supply Ratio: 2.20

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Clovelly at median house price

Standard transfer
$193,850
First Home Buyer
$193,850
Foreign buyer surcharge
$304,000

+8% surcharge

Annual rent income
$106,600

$2050/wk

Interest (80% LVR @ 6.5%)
-$197,600
Other expenses (~2.5%)
-$95,000
Net rental position
-$186,000

Negatively geared

Tax benefit (39% MTR)
+$72,540

Reduces taxable income

After-tax holding cost
$113,460/yr

~$2,182/week

Based on 6.6% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$5.22M
Capital gain
$1.21M
After discount
$604,081
CGT payable
$235,592

10-Year Hold

Est. value
$7.17M
Capital gain
$3.16M
After discount
$1.58M
CGT payable
$616,309

Investor Quick Summary

Entry cost (stamp duty)

$193,850

After-tax yield

1.71%

Weekly holding cost

$2182/wk

10yr CGT (est.)

$616,309

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

1,200

Median Age

42

Median Income

$120K

per annum

Family Households

58.0%

Professionals

52.0%

University Educated

48.0%

Unemployment

3.2%

Born Overseas

32.0%

Dwelling Mix

Houses: 25%Units: 70%Townhouses: 5%Total: 520

Lifestyle & Community

Walkability75/100
Public Transport6/10
Schools Rating8/10
Safety9/10
Family Friendly8/10
Cafes & Restaurants

8

Parks

4

Hospitals

2

Distance to CBD

9.0 km

Nearest Station: Bondi Junction

Premium coastal lifestyle with protected beach swimming, coastal walks, surf club activities, and easy access to Eastern Suburbs amenities

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Data sourced from multiple sources. Last updated 27 March 2026.

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