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