Property investors who have had real estate in Caulfield East, 3145 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 31.12%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caulfield East has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 11.88%, investors should hope to achieve an overall return of 2.10%
Caulfield East has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -25.81% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Caulfield East comes in at number 220th in VIC.
A $394.5 per week rent on the median house gives suburb investors a gross yield of circa 4.86%, without taking into account capital value appreciation, which has been averaging out at 8.68%.