Clifton Hill, VIC 3068
Yarra City, Victoria
Good to Know
Clifton Hill, VIC 3068 is a high-value house market in the City of Yarra area, currently positioned as a long-hold capital growth submarket. Located around 4 km north-east of Melbourne CBD, Clifton Hill is home to roughly 6,606 adults across about 3,290 dwellings and is trading with a vacancy rate of 0.77%.
According to HtAG Analytics, Clifton Hill is exhibiting a supply-constrained market with active buyer pressure. Stock on Market sits at 0.31% and Inventory at 2.77 months — close to the ~3-month balanced-market threshold — driving +2.2% YoY price growth and +1.9% YoY rent growth.
What the market data is signalling
Clifton Hill shows modest but positive capital growth (+2.2% over 12 months) with rents rising in step (+1.9%). That alignment suggests demand is underpinning value rather than speculative price spikes.
Supply-side metrics are the stronger signal: Stock on Market is an opportune 0.31% and the vacancy rate is an opportune 0.77%, while Inventory at 2.77 months sits near the balanced threshold — a mix that supports steady pricing and rental resilience. For a visual of how Clifton Hill sits inside broader momentum, see the Markets in the Moment (MiM™) heatmap.
Who lives in Clifton Hill — and why it matters for investors
Clifton Hill records an IRSAD of 1120, comfortably above the recommended minimum, pointing to an affluent and economically secure resident base that tends to reduce downside volatility and support long-term capital growth. The Renter/Owner split is neutral at 39.0%, and the Units/Houses mix is neutral at 39.0%, indicating a balanced tenure profile and moderate investor presence.
Higher relative socio-economic ranking combined with stretched affordability (an affordability index of 41 years) means owner-occupier demand is strong but new entry can be constrained — useful context when matching Clifton Hill to an investor strategy; see our IRSAD Crossover study for the evidence base.
Why suburb-level data matters for Clifton Hill
Suburb-level metrics tell the real story: Clifton Hill’s typical house price sits at $1,492,594 with a gross yield of 3.5%, Stock on Market at 0.31%, Inventory at 2.77 months and median days on market of 36 days. Decisions should be based on these local readings because council or LGA averages can mask pockets like Clifton Hill; more on that methodology in our LGA vs Suburb research.
For deeper metrics and printable charts, download the full Clifton Hill, VIC 3068 data guide.
What's behind the RCS™ score of 81
The HtAG RCS™ bundles three independent dimensions — risk minimisation, capital-growth potential and cashflow resilience — into a single, comparable score. A composite of 81 reflects Clifton Hill’s strong structural attributes: limited supply, solid socio-economic fundamentals and stable rental performance. To match strategy to market, you should read the sub-score breakdown to see which dimension drives the rating; learn more about how the RCS™ is built.
To explore the full dataset for Clifton Hill, open Clifton Hill in HtAG Copilot.
Forward signals to watch
The vacancy rate — currently 0.77%: sustained sub-1% vacancy typically tightens tenant choice and supports above-inflation rent pressure over 12–24 months, enhancing cashflow resilience.
The building approvals ratio — currently 0.0%: effectively no new approvals recorded signals very limited near-term supply, which can amplify price support if demand remains steady.
The Melbourne cycle phase: a city-wide shift into stronger or weaker cycle phases would magnify local momentum in Clifton Hill — if Melbourne tightens further, expectation would be for stronger prices and rents locally; if the city softens, Clifton Hill’s high base and low supply will be the key buffers.
Does this area meet your investment goals?
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RCS Breakdown
Clifton Hill's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
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Critical to know
Market Trends
Clifton Hill's headline values — $1,492K to buy and $1,004PW to rent, a 3.49% gross yield. Over the past decade, prices have moved 24.00% and rents 38.10% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$1,492K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$1,004PW today, with rent growth at (+1.93% YoY) compared to price growth (+2.17%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Clifton Hill in its cycle - and is the 3.49% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Clifton Hill's long-hold story?
Beyond the headline price, Clifton Hill carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Clifton Hill's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Fundamentals
Clifton Hill can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Clifton Hill genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Clifton Hill prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Clifton Hill - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Clifton Hill looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Clifton Hill's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Clifton Hill has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Clifton Hill shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Clifton Hill has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.
The total adult population (15 years or older) of Clifton Hill 3068 VIC is 5,556, with a median age of 37. Of those, 35.33% are married, 10.03% are divorced or separated, 51.67% are single and 2.97% are widowed.
The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $14,440. The median monthly mortgage repayment for households in this suburb is $2,700 which is 18.70% of their earnings.
Source: ABS Census Data (2021)