OFF MARKET

5/18 Melrose Parade
Clovelly NSW 2031

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 122m2
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Property Details for 5/18 Melrose Pde, Clovelly

5/18 Melrose Pde, Clovelly is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 122m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1964
Floor Size
93m2
Land Size
122m2
Local Government
Randwick
Lot/Plan
5/SP976

Last Listing description (September 2020)

SPACIOUS BEACHSIDE APARTMENT WITH VIEWS

Boasting a North/East aspect this light apartment is centrally placed between Gordon's Bay & Clovelly beach. The open and spacious floor plan takes full advantage of the natural light from sunrise till dusk. Located in a small security block of only 12 apartments, it is a short walk to local cafes, restaurants, transport, Clovelly & Gordon's Bay beaches.


3 bedrooms, main with built-ins and balcony with views of Gordon bay. Light polished floorboards and freshly painted throughout. Separate kitchen with electric cooking and internal laundry. Neat bathroom with bath and separate w/c. Air con in living area and remote fans in each bedroom. Parking space with separate storage.

Council rate: $374.22 per quarter
Water rate: $177.12 per quarter
Strata fees: $1,482.11 per quarter

Property History for 5/18 Melrose Pde, Clovelly, NSW 2031

A timeline of how this property has performed in the market
Last Sold
$1,350,000
21 Sep 2020
Listed for Rent
$850/w
11 Jul 2016
  • 21 Sep 2020
    Sold for $1,350,000
  • 06 Aug 2020
    Listed for Sale Auction
  • 05 May 2016
    Listed for Rent $850 / week
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About Clovelly 2031

The size of Clovelly is approximately 0.9 square kilometres. It has 5 parks covering nearly 15.9% of total area. The population of Clovelly in 2011 was 4,580 people. By 2016 the population was 4,729 showing a population growth of 3.3% in the area during that time. The predominant age group in Clovelly is 30-39 years. Households in Clovelly are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clovelly work in a professional occupation. In 2011, 59.8% of the homes in Clovelly were owner-occupied compared with 59.3% in 2016.

Clovelly has 2,435 properties. Over the last 5 years, Houses in Clovelly have seen a 73.97% increase in median value, while Units have seen a 34.25% increase. As at 31 August 2024:

  • The median value for Houses in Clovelly is $4,764,764 while the median value for Units is $1,682,345.
  • Houses have a median rent of $1,500 while Units have a median rent of $950.
There are currently 6 properties listed for sale, and 8 properties listed for rent in Clovelly on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Clovelly.

Suburb Insights for Clovelly 2031

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.