5/18 Melrose Pde, Clovelly NSW 2031

Sold for $2,480,000 in Nov 2025, up $1,130,000 (84%) on the $1,350,000 paid in Sep 2020. That is about 12.6% a year over 5.1 years.

Over the same period the median unit price in Clovelly rose 43%, from $1,400,000 in 2020 to $2,000,000 in 2025.

The 2025 sale was 24% above the Clovelly median unit price for that year ($2,000,000 across 39 sales).

Since then the median unit price in Clovelly has fallen 15%, from $2,000,000 in 2025 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 $2,480,000 on 6 Nov 2025, that rent is a gross yield of 1.9% 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.