Over the last year, property investments in Caulfield South, 3162 have given investors a capital gain of 6.07%. This compares badly with the 8.27% for VIC as a whole.
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.
The most recent median price for Caulfield South is $1485000, with sellers offering an average of -3.07% off the asking price.
At number 113 in a list of fastest selling suburbs, Caulfield South is in the TOP 10% of suburbs in Australia with an average of days on market 34.28 for properties listed there.
Situated 10.49km from the CBD, Caulfield South is one of Glen Eira localities in the postcode 3162.
VIC has seen average median house prices change by 3.49% which means that Caulfield South, 3162 has done well for property investors by showing a capital gain of 17.51% over the last year
Across a shorter period, Caulfield South, 3162 has seen a median price increase of 8.28% over the last quarter.
Sellers are offering property buyers an average discount of -5.10% to buyers in Caulfield South at the moment, which is less than average for the rest of VIC.
On average over the past year, suburb has had 6.17 sales per month, which equates to 74 per year.