Clovelly (2031) sits within the Randwick LGA. Whether you are buying as an investor or comparing ownership to renting, the rental market data below gives you a current-state picture of what tenants are paying and what gross yield looks like relative to recent sale prices. Yield figures use the median dwelling price for the postcode as the denominator.
Can I afford Clovelly?
Rental market in Clovelly
Median weekly rent from lodged bonds. Sep 2025. Based on 389 new bond lodgements this quarter.
Rents here are at the higher end for Sydney. Higher holding costs for investors; higher savings pressure for renters.
Median weekly rent · Unit · 2 bed
$875per week
Sep 2025 · 389 bonds lodged
Quarterly trend · last 12 quarters
Nearby suburbs · same combination
Coogee2034
$935▲$60
1.0 km away
Bronte2024
$968▲$93
2.0 km away
Kingsford2032
$875
2.1 km away
Kensington2033
$850▼$25
2.4 km away
NSW DCJ Rental Bond Board↗ · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.
A low vacancy rate in Clovelly indicates strong tenant demand relative to supply, typically a positive signal for landlords and a sign that the suburb has sustained rental appeal. Vacancy rates below 2% in Sydney are generally considered a landlord's market; above 3% signals softer conditions. Compare the Clovelly rate to the wider Randwick LGA to understand whether it is suburb-specific or part of a broader area trend.
