Question 1

Is Clovelly a nice place to live?

Accepted Answer

Clovelly is a compact beachside suburb centred on a narrow crescent of sand and a sheltered bay with a distinctive rock pool and concrete promenade. The calm water is popular for snorkelling, diving and family swims, and a coastal walk links the headland with Bronte and Coogee. Residential streets are low-rise and intimate, with timber cottages, art-deco and interwar flats alongside some contemporary townhouses, while a small shopping strip on Clovelly Road provides cafes and everyday services and regular buses connect to the wider eastern suburbs and the city.

About 4,887 people live in Clovelly, with a median age of 37 and a typical household income of $3,474 a week. The population is weighted towards couple families with children alongside many couple-only households, and most homes are owner-occupied rather than rented. Council has been carrying out coastal and local amenity upgrades — from ocean pool access work and coastal walkway improvements to a park masterplan, pocket-park proposals and design work for a surf club refurbishment — and the precinct committee continues meeting about disabled access, pedestrian access and local amenity. Whether Clovelly suits you will come down to how you value close beach access, a village feel and those ongoing local works.

Question 2

Is it expensive to live in Clovelly?

Accepted Answer

Rents in Clovelly take a notable share of local incomes at the most recent Census. Against a typical local household income of $3,474 a week as recorded at the most recent Census, renting a house at $2,000 a week would take about 57.6% of that income, a large share. Renting a unit at $1,050 a week would take about 30.2% of income, a sizeable share, so on these figures units are noticeably less stretched than houses.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Clovelly a good place to invest?

Accepted Answer

Over the past 12 months Clovelly’s house market moved sharply in opposite directions: median house values jumped 29.5%, a strong rise, while the rent houses earned fell 9.1%, a solid decline. For someone focused on capital growth, the house value increase is the standout figure; for someone focused on rental income, the drop in house rents is the relevant number.

Units paint a different picture. Median unit values edged up 0.1%, a slight rise, while unit rents climbed 7.4%, a solid increase. In short, capital growth and rental income have performed quite differently for houses and units this year, and whether that mix suits your needs depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	29.5%	0.1%
Sold Past 3 months	3	7
Median days on market Past 12 months	N/A	37
Average rent Past 12 months	$2000	$1050
Change in rent Past 12 months	-9.1%	7.4%

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