City of Yarra

Clifton Hill

VIC3066

Clifton Hill at a glance

Median house

$1,735,000

Median unit

$719,500

Population

6,606

Median age 37

The brief

What to know about Clifton Hill.

The postcode for Clifton Hill is 3066 (VIC), part of Greater Melbourne.

The median house price in Clifton Hill is $1,735,000.

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.

Who lives here

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.

Population

6,606

Median age

37

Family households

63%

Lone person

28%

Demographics data as of May 2026· ABS 2021 Census

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.

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Market

The price of a home here.

Median house price

$1,735,000

+0.0% over the past year. Median unit price $719,500.

Sales data as of May 2026· sales-vic

Rental and ownership

Weekly rent (house)

$425/wk

Weekly rent (unit)

$550/wk

Owner occupied

60%

Renter occupied

39%

At a deeper level

Median House PriceSource: Land Victoria / DTP · May 2026

$1,735,000

Median Unit PriceSource: Land Victoria / DTP · May 2026

$719,500

PopulationSource: ABS Census 2021 · May 2026

6,606

Median age: 37

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For investors

Investment overview.

Gross rental yield on houses sits at 1.27% (median rent $425/wk against a $1,735,000 price tag). Units yield 3.97% 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 (House)

Source: Land Victoria / DTP · May 2026

1.27%

Based on $1,735,000 median

Gross Yield (Unit)

Source: Land Victoria / DTP · May 2026

3.97%

Based on $719,500 median

Annual Growth (House)

Source: Land Victoria / DTP · May 2026

Year-on-year capital growth

Annual Growth (Unit)

Source: Land Victoria / DTP · May 2026

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021 · May 2026

60%

Higher = more owner-occupier demand

Days on Market

Source: Land Victoria / DTP · May 2026

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Clifton Hill.

Frequently asked

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. The median unit price is $719,500.
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 of Melbourne, in VIC 3066. It is part of the Greater Melbourne area, in the City of Yarra region.
What is the average rent in Clifton Hill?
The median weekly rent for houses is $425, for units it's $550.
What is the population of Clifton Hill?
The population of Clifton Hill is approximately 6,606 (2021 Census). The median age is 37.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

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