Suburb Profile Report for Caulfield South VIC (3162)

Caulfield South House: Median price $1,435,000, Annual capital growth 9.15%, Number of sales 145, Weekly median advertised rent $585

Caulfield South Unit: Median price $757,500, Annual capital growth 6.48%, Number of sales 69, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Caulfield South, 3162 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.89%.

Comparing Caulfield South,3162 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Caulfield South is giving property investors an average Vendor Discount of around -2.28%. This puts suburb at number 591th in VIC when ranking the most discounted suburbs.

With the median price for a house in Caulfield South being $1435000 and the advertised rent reaching $585 the gross rental yield for property investors calculates out to be 2.12%

Property value increases in Caulfield South have tracked close to the VIC average of 3.56% 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 80th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.

On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.

Advertised rents are around the $400 mark per week – giving a return of 2.75% based on the median price in Suburb

HOUSE UNIT
$1,435,000 $757,500
1.06% 3.41%
7.89% 2.96%
9.15% 6.48%
$585 $400
145 69
2.12% 2.75%
48.94 66.47

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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