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