Clifton Hill, VIC 3066
City of YarraAll suburbs in postcode 3066
Updated
Median house price
$1,735,000
Median · Land Victoria · the latest published quarter (updated May 2026)
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Clifton Hill at a glance
- Median unit
- $719,500
- Weekly rent
- $998
- Houses · units $690
- Population
- 6,606
- Median age 37
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025 · Population: 2021 Census
House prices in Clifton Hill
Houses change hands at $1,735,000 on a typical sale, well above the Victoria median. Units come in around $719,500, roughly 59% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $347,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of September 2025· Victorian rental report
Free appraisal in Clifton Hill
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What to know about Clifton Hill
Clifton Hill (3066) sits in the Yarra region of Victoria. The median house here is $1,735,000, well above the Victoria median of around $850K.
Clifton Hill has roughly 6,606 residents, with a typical family-age mix. Households are mostly owner-occupied.
Location
Demographics
The 2021 Census put Clifton Hill's population at 6,606, with a median age of 37. That sits as a typical family-age mix. Households are mostly owner-occupied (60% own, 39% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (63% family households, 28% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 63%
- Lone person
- 28%
- Owner occupied
- 60%
- Renter occupied
- 39%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.99% (median rent $998/wk against a $1,735,000 price tag). Units yield 4.99% gross, often the better cash-flow play for first-time investors. With 39% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 2.99%
- On the $1,735,000 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 4.99%
- On the $719,500 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Questions about Clifton Hill
- What is the median house price in Clifton Hill?
- The median house price in Clifton Hill, VIC 3066 is $1,735,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $719,500.
- How much is my house worth in Clifton Hill?
- A useful starting point is the Clifton Hill median house price of $1,735,000 (units $719,500). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Clifton Hill a good investment?
- On the published figures, the gross rental yield on houses in Clifton Hill is 3.0%: the median weekly house rent is $998 (Victorian rental report, September 2025) against the median house price of $1,735,000 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Clifton Hill: the Land Victoria figures we hold do not measure one. Whether Clifton Hill is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Clifton Hill postcode?
- Clifton Hill is in the 3066 postcode, in VIC, in the City of Yarra region.
- Where is Clifton Hill?
- Clifton Hill is a suburb in the City of Yarra area, VIC 3066.
- What is the average rent in Clifton Hill?
- The median weekly rent for houses is $998, for units it's $690.
- What is the population of Clifton Hill?
- The population of Clifton Hill is approximately 6,606 (2021 Census). The median age is 37.
Selling in Clifton Hill? Get the free selling guide
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More on Clifton Hill and nearby
Clifton Hill
Selling in VIC
Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.
