At number 643th in the list of Australian suburbs ordered by increase in median house value over the last year, Caulfield East, 3145 is in the top 20% with a property value increase of 17.65% recorded in median house prices.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 12.58%, investors should hope to achieve an overall return of 2.01%
VIC has seen average median house prices change by 6.52% which means that Caulfield East, 3145 has done well for property investors by showing a capital gain of 41.57% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caulfield East has increased when compared to the 5 year average annual rate.
A $323.5 per week rent on the median house gives suburb investors a gross yield of circa 3.58%, without taking into account capital value appreciation, which has been averaging out at 13.03%.