Clayton South is an affordable outer-middle southeastern suburbs family area where proximity to Monash Medical Centre's employment, Monash University's research campus, and the Clayton Technology Precinct creates consistent rental demand from the Clayton/Monash medical and academic workforce. Sub-$900K houses, improving local amenity, and the overflow demand from Clayton proper as that suburb's prices increase are generating consistent capital growth from Melbourne's south-eastern family investor pool. At the current $900k median house price, an 80% loan at 6.25% over 30 years is about $4,433 per month.
| Median house price | $900,000 |
|---|---|
| Median unit price | $560,000 |
| Estimated monthly repayment | $4,433 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7% |
| Gross rental yield | 4.2% |
| Typical days on market | 13 |
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