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