All About Clifton Hill, Yarra, VIC, 3068

Clifton Hill, situated in the Yarra municipality of Victoria, boasts a dynamic housing market that reflects its desirable location and appealing neighborhood attributes. Known for its mix of charming Victorian and Edwardian homes, as well as more modern apartments and townhouses, the suburb captures the interest of a diverse range of buyers and renters. The area’s historical architecture is complemented by tree-lined streets, giving it a quaint yet sophisticated atmosphere. Over recent years, Clifton Hill has seen steady property value appreciation, attracting both investors and families seeking a blend of urban convenience and suburban tranquility. Proximity to Melbourne’s central business district, coupled with access to public transport, adds to its appeal, ensuring consistent demand in the housing market.

Living in Clifton Hill provides residents with a balanced lifestyle that combines the vibrancy of city life with the serenity of suburban living. The area is well-serviced by a variety of amenities, including local cafes, restaurants, and shopping precincts, which foster a strong sense of community. Additionally, Clifton Hill is home to an array of parks and recreational spaces, such as the Merri Creek Trail and Darling Gardens, offering ample opportunities for outdoor activities and relaxation. With a reputation for excellent primary and secondary schools, the suburb is particularly attractive to young families. The close-knit community and active local events scene further enhance its livability, making Clifton Hill a sought-after destination for those looking to enjoy the benefits of Melbourne’s inner northern suburbs.

Clifton Hill Real Estate Market Outlook

Thinking about buying in Clifton Hill? Now could not be a better time, with 3866 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,842,000 with prices in this suburb ranging from $337,000 to $21,273,000. Clifton Hill is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Clifton Hill there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Clifton Hill ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Clifton Hill classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Clifton Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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