Clifton Hill Property Market Overview (2026)
Clifton Hill sits in the solid middle-market position. The suburb offers solid value relative to its amenity base — growing infrastructure with 65 verified local businesses.
Price Estimates
| Property Type | Estimated Median | Monthly Mortgage (est.)* |
|---|---|---|
| House | $750K–$1.1M | $3,000–$4,400 |
| Unit/Apartment | $420K–$600K | $1,700–$2,400 |
Estimates based on Clifton Hill’s market positioning. Mortgage estimates assume 20% deposit, 6.5% variable rate, 30-year term. For current sales data, check REIV or Domain.
What Drives Property Value in Clifton Hill
Property prices in any suburb reflect three things: what is already there, what is coming, and how easy it is to get to the CBD. Here is how Clifton Hill stacks up:
| Amenity Factor | Clifton Hill | Impact on Value |
|---|---|---|
| Schools | 5 | Moderate |
| Parks | 17 | High — green space is a premium driver |
| Dining & Cafes | 25 | Growing |
| Medical | 5 | Adequate |
| Supermarkets | 3 | Convenient |
| Gyms & Fitness | 3 | Some options |
Total amenity score: 65. Solid infrastructure that supports steady demand.
Schools (Key Value Driver)
Clifton Hill has 5 schools — school zone boundaries are one of the strongest price drivers in Melbourne property:
| School | Address |
|---|---|
| St John’s Primary School | 61–87 Queens Parade |
| Fitzroy High School | 24 Falconer Street |
| Spensley Street Primary School | 193-203 Spensley Street |
| Croatian School of Language & Culture Melbourne | — |
| Clifton Hill Primary School | 185 Gold Street |
Check zone boundaries at findmyschool.vic.gov.au.
Rental Market
| Unit Type | Weekly Rent (est.) |
|---|---|
| 1 Bedroom | $300–$400 |
| 2 Bedroom | $400–$520 |
| 3 Bedroom | $520–$700 |
Rental yield estimate: 4.0–4.5% (higher yields in more affordable suburbs).
See our detailed Cost of Living Guide for full cost breakdown.
Before You Buy in Clifton Hill
- Check school zones — findmyschool.vic.gov.au determines your designated school
- Review planning overlays — heritage, flood, bushfire at your local council
- Check flood risk — planning.vic.gov.au
- Attend auctions — quoted ranges in Clifton Hill are guides, not guarantees
- Get a building inspection — non-negotiable for any house purchase
- Talk to locals — knock on a neighbour’s door. They will tell you what agents won’t
Key Links for Clifton Hill Property Research
- Domain — current listings and recent sales
- realestate.com.au — price history and suburb profiles
- REIV — quarterly median prices (the official data)
- ABS Census — population and demographic data
Related Guides
- Best Restaurants in Clifton Hill
- Best Cafes in Clifton Hill
- Best Bars in Clifton Hill
- Cost of Living in Clifton Hill
- Clifton Hill Neighbourhood Guide
- Family Guide to Clifton Hill
- Is Clifton Hill Safe?
- Clifton Hill Transport Guide
Last updated: March 2026. This guide is refreshed when OpenStreetMap data changes — new openings, closures and corrections are reflected automatically. Found something wrong? Let us know.
Sources
- OpenStreetMap Contributors — openstreetmap.org — accessed March 2026
- ABS Census 2021 — abs.gov.au/census
- REIV Quarterly Median Prices — reiv.com.au
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