Detailed Property Review: Clifton, NSW 2515

Market Overview

Introduction to Clifton

Clifton, NSW 2515, is a small, coastal suburb in New South Wales's Illawarra region. Known for its scenic beauty and proximity to the ocean, Clifton offers a tranquil lifestyle with easy access to nearby towns and cities. The suburb is characterised by its small population of 35 residents and 24 dwellings, making it a tightly-knit community. Clifton is ideal for those seeking a quiet, coastal retreat focusing on privacy and natural surroundings.

December Market Trends

Clifton's property market is niche, with limited sales activity due to its small size. However, the suburb has shown resilience, with a median property price of $1.7 million. The market is primarily driven by owner-occupiers (90%), indicating a stable and long-term investment environment. The holiday season saw increased interest in coastal properties, with buyers attracted to Clifton's serene environment and proximity to popular beaches.

Sales Data

Total Properties Sold

Property Type	Number of Sales
Houses	Limited data
Apartments	0
Townhouses	0

Median Sale Prices

Property Type	Median Sale Price
Houses	$1.7 million
Apartments	N/A
Townhouses	N/A

Notable Sales

Property Address	Sale Price	Sale Date	Days on Market
3 Clifton School Parade	$1,700,000	01/11/2024	N/A

Rental Market Insights

Median Weekly Rent

Property Type	Median Weekly Rent
Houses	$1,000
Units	N/A

Vacancy Rates

Vacancy Rate	Comments
N/A	Likely low due to the small market

Rental Yield Comparisons

Property Type	Median Sale Price	Median Weekly Rent	Annual Rental Yield
Houses	$1,700,000	$1,000	2.8%
Units	N/A	N/A	N/A

Buyer Trends

Key Demographics

Demographic	Percentage	Comments
Professionals	Significant	High-income earners
Families	Moderate	Attracted by coastal lifestyle
Retirees	Moderate	Seeking tranquillity

Buyer Preferences

Preference	Comments
Ocean views or proximity to the beach	High demand for coastal homes
Modern amenities	Energy-efficient features
Outdoor entertainment spaces	Desirable for families

Median Property Price Trends

Time Period	Median House Price	Median Unit Price
1-Year Growth	N/A	N/A
5-Year Growth	N/A	N/A

Market Influencers

Economic and Seasonal Factors

Factor	Impact
Rising interest rates	Minimal impact on owner-occupiers
Holiday season	Increased interest in coastal properties

Local Developments

Development	Impact
Limited development	Focus on maintaining suburb character

Outlook for the Coming Months

Market Predictions

Prediction	Comments
Steady demand for coastal properties	High interest from lifestyle buyers
A limited supply of properties	Keeps property prices high

Opportunities

Opportunity	Comments
Buyers: Secure coastal properties	High long-term growth potential
Investors: Modest rental yields (2.8%)	Low vacancy rates
Renters: Limited listings	New listings may emerge in 2025

Conclusion

Clifton, NSW 2515, is a small, exclusive suburb with a strong focus on coastal living and privacy. The suburb's high median property price ($1.7 million) and low sales volume reflect its niche market appeal. With a predominantly owner-occupied market and a stable demographic of professionals and families, Clifton offers a unique opportunity for buyers and investors seeking a tranquil, coastal lifestyle. While the rental market is small, the suburb's low vacancy rate and high demand for quality housing make it an attractive option for long-term investment.

Sources

• Domain.com.au

• RealEstate.com.au

• CoreLogic.com.au

• ABS.gov.au

• Planning Portal NSW