Caulfield South has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.71% to date .
While Caulfield South,3162 ranked number 456th in VIC for increase in median house value (annualised) increase, it is ranked 82th over the last 5 years.
Caulfield South3162 is located in VIC which offers an average discount of -5.99% to property investors. Caulfield South itself is showing figures that indicate -2.08% is the average achievable by property buyers investing in the suburb.
In the last year 130 properties changed hands in Caulfield South, which puts it as the 197th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Caulfield South being $1406000 and the advertised rent reaching $585 the gross rental yield for property investors calculates out to be 2.16%
Over the last year, property investments in Caulfield South, 3162 have given investors a capital gain of 8.13%. This compares favourably with the 4.09% 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.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.27% offered to property buyers. Sellers in Caulfield South itself are offering an average vendor discount of -6.11% to real estate investors.
Situated 9.83km from the CBD, Caulfield South is one of Glen Eira localities in the postcode 3162.