At number 2507th in the list of Australian suburbs ordered by increase in median house value over the last year, Caulfield, 3162 is in the BOTTOM 50% with a property value increase of 2.80% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caulfield has increased when compared to the 5 year average annual rate.
Situated 9.19km from the CBD, Caulfield is one of Glen Eira localities in the postcode 3162.
VIC has seen average median house prices change by 4.26% which means that Caulfield, 3162 has done well for property investors by showing a capital gain of 10.27% over the last year
Across a shorter period, Caulfield, 3162 has seen a median price increase of 0.52% over the last quarter.
Using the current median advertised rental of $449.5 and the average annual increase in value of a median property of 7.07%, investors should hope to achieve an overall return of 3.22%