Cloverdale is an up-and-coming inner-eastern suburb popular for affordability and strong rental yields, with major investment attracted by the Belmont Forum Shopping Centre redevelopment and proximity to Perth Airport and Burswood entertainment precinct. At the current $660k median house price, an 80% loan at 6.25% over 30 years is about $3,251 per month.
| Median house price | $660,000 |
|---|---|
| Median unit price | $420,000 |
| Estimated monthly repayment | $3,251 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 9% |
| Gross rental yield | 5% |
| Typical days on market | 17 |
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