Suburb Profile Report for Caulfield South VIC (3162)

Caulfield South House: Median price $1,468,750, Annual capital growth 9.23%, Number of sales 142, Weekly median advertised rent $600

Caulfield South Unit: Median price $730,000, Annual capital growth 6.41%, Number of sales 70, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Caulfield South have tracked close to the VIC average of 7.80% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caulfield South has increased when compared to the 5 year average annual rate.

Caulfield South, 3162 is offering VIC ‘s 600th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.

With the median price for a house in Caulfield South being $1468750 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 2.12%

Investment property in Caulfield South has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.58%

While Caulfield South,3162 ranked number 66th in VIC for increase in median house value (annualised) increase, it is ranked 177th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Caulfield South, 3162. Typically our figures indicate that -6.11% is being offered, which puts this VIC suburb at 457th most discounted overall in Australia.

Advertised rents are around the $400 mark per week – giving a return of 2.85% based on the median price in Suburb

HOUSE UNIT
$1,468,750 $730,000
2.67% 3.55%
8.80% -4.58%
9.23% 6.41%
$600 $400
142 70
2.12% 2.85%
43.68 63.26

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 11270
Median household income ($/weekly) 1641
Median age of persons 40
Median housing loan repayment ($/monthly) 2383
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1333 11.8
    25-34 years 1357 12.0
    35-44 years 1757 15.6
    45-54 years 1593 14.1
    55-64 years 1492 13.2
    Others 3739 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 4633 54.7
    Not Married 3282 38.7
    Defacto Relationship 557 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 6527 60.7
    Poland 279 2.6
    South Africa 694 6.5
    United Kingdom 423 3.9
    Other 1386 12.9
    Others 1437 13.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 155 1.5
    Christianity 3268 32.0
    Hinduism 167 1.6
    Judaism 4351 42.6
    No Religion 2176 21.3
    Others 88 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 383 10.3
    $2,000-$2,499 297 8.0
    $2,500-$2,999 465 12.5
    $3,000-$3,499 347 9.3
    $4,000 or more 316 8.5
    Others 1923 51.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3456 39.5
    Not in the labour force 2762 31.6
    Employed, worked part-time 1956 22.4
    Employed, away from work 320 3.7
    Unemployed, looking for work 248 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1005 17.5
    Professionals 2084 36.4
    Technicians & trades workers 459 8.0
    Clerical & administrative workers 761 13.3
    Sales 551 9.6
    Others 873 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 257 9.4
    Infants/Primary 840 30.9
    Secondary 712 26.2
    Technical or Further Educational Institution 171 6.3
    University or other Tertiary Institutions 637 23.4
    Others 105 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7178 67.8
    Semi-detached, row or terrace house, townhouse 2036 19.2
    Flat, unit or apartment 1331 12.6
    House or flat attached to a shop, office 43 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1583 38.8
    Being purchased 1357 33.2
    Rented 1110 27.2
    Other tenure type 32 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals