Savills is delighted to offer the opportunity to acquire a prime city fringe showroom suitable for investors and owner occupiers alike located at 16 Alexandra Parade, Clifton Hill. Located on the cusp of the Melbourne CBD and in one of the most tightly held inner northern suburbs, this property represents a rare opportunity to gain a foothold in a high growth area surrounded by retail and lifestyle amenity.
The key attributes of 16 Alexandra Parade, Clifton Hill include:
The size of Clifton Hill is approximately 1.7 square kilometres. It has 11 parks covering nearly 29.5% of total area. The population of Clifton Hill in 2016 was 6341 people. By 2021 the population was 6606 showing a population growth of 4.2% in the area during that time. The predominant age group in Clifton Hill is 30-39 years. Households in Clifton Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clifton Hill work in a professional occupation.In 2021, 59.50% of the homes in Clifton Hill were owner-occupied compared with 58.00% in 2016.
Clifton Hill has 3,553 properties. Over the last 5 years, Houses in Clifton Hill have seen a 13.04% increase in median value, while Units have seen a -0.16% decrease. As at 30 April 2026:
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