15/44 Melrose Pde, Clovelly NSW 2031

Sold for $1,825,000 in Mar 2023, up $505,000 (38%) on the $1,320,000 paid in Jun 2016. That is about 4.9% a year over 6.8 years.

Over the same period the median unit price in Clovelly rose 46%, from $1,229,000 in 2016 to $1,800,000 in 2023.

The 2023 sale was in line with the Clovelly median unit price for that year ($1,800,000 across 37 sales).

Since then the median unit price in Clovelly has fallen 5%, from $1,800,000 in 2023 to $1,705,000 over the last 12 months (30 sales).

Clovelly medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Clovelly sold prices by year.

Units in postcode 2031 rented for a median $900 a week, from 2,200 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $1,825,000 on 17 Mar 2023, that rent is a gross yield of 2.6% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Clovelly.