Suburb Profile Report for Caulfield South VIC (3162)

Caulfield South House: Median price $1,485,000, Annual capital growth 9.45%, Number of sales 151, Weekly median advertised rent $625

Caulfield South Unit: Median price $850,000, Annual capital growth 6.53%, Number of sales 81, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Caulfield South has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.45%

Taking the average capital gain, or increase in median house value, Caulfield South,3162 has racked up an average of 6.45% over the period. This ranks it number 679th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Caulfield South should be aiming for at least -3.68% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $625 mark per week – giving a return of 2.19% based on the median price in Suburb

If you compare the increase in value of investment property in Caulfield South, 3162 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 14.40%.

Across a shorter period, Caulfield South, 3162 has seen a median price increase of 16.44% over the last quarter.

Caulfield South3162 is located in VIC which offers an average discount of -5.08% to property investors. Caulfield South itself is showing figures that indicate -4.75% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Caulfield South the average time real estate has been on the market is 61.82 days.

Caulfield South is 366th on a list of best yielding suburbs for rents in VIC with a 2.63% return

Metrics i HOUSE UNIT
$1,485,000 $850,000
1.54% 16.44%
6.45% 14.40%
9.45% 6.53%
$625 $430
151 81
2.19% 2.63%
33.9 61.82

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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
Chart Table
Recent sales & rentals