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Suburb Insights ยท VIC 3068

Clifton Hill 3068, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Clifton Hill is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 6,606, making it a smaller community. Located 4 km from the Melbourne CBD, Clifton Hill is a middle ring area in Victoria. The median household income is $143,260 AUD per year (ABS 2021 Census).

Investment Score

87 / 100 Strong

Clifton Hill benefits from a high-income resident base, supporting premium property pricing. The short commute to the city centre is a key demand driver.

Location

Map shows Clifton Hill, Victoria, Australia.

Key Indicators

Postcode
3068

Official Australia Post postcode for Clifton Hill. A postcode may cover multiple suburbs.

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Population
6,606

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$550/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$143,260/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
4 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,700/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
22% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Clifton Hill's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $550/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,700/month. A median household income of $143,260/year supports premium property values and indicates a well-employed resident base. With only 22% separate houses, Clifton Hill has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Clifton Hill is a natural candidate for patient investors.

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Rental Yield

Clifton Hill's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Limited buyer depth in Clifton Hill makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Clifton Hill property

Full Property Analysis

30-year projections for Clifton Hill

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Clifton Hill is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenants in Clifton Hill have options โ€” presenting well-maintained properties is key to minimising vacancy. Confidence in Clifton Hill's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Clifton Hill a good suburb for investment?

Clifton Hill is a middle ring area in Victoria with a population of 6,606. The median rent is $550/week and the median household income is $143,260/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Clifton Hill?

Key demand drivers in Clifton Hill include established amenities and transport access. 22% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Clifton Hill?

According to the ABS 2021 Census, Clifton Hill has a population of approximately 6,606. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Clifton Hill from the Melbourne CBD?

Clifton Hill is approximately 4 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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