Suburb Profile Report for Caulfield East VIC (3145)

Caulfield East House: Median price $1,550,000, Annual capital growth 12.58%, Number of sales 11, Weekly median advertised rent $600

Caulfield East Unit: Median price $470,000, Annual capital growth 13.03%, Number of sales 19, Weekly median advertised rent $324

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

Source: CoreLogic

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$1,550,000 $470,000
N/A N/A
17.65% 41.57%
12.58% 13.03%
$600 $324
11 19
2.01% 3.58%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Above average (H)
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Demographics
Total population 1237
Median household income ($/weekly) 1283
Median age of persons 33
Median housing loan repayment ($/monthly) 2342
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 197 15.9
    25-34 years 234 18.9
    35-44 years 171 13.8
    45-54 years 151 12.2
    55-64 years 152 12.3
    Others 332 26.8
    Age Group
    Census Count Percent(%)
    Not Married 513 51.8
    Registered Married 390 39.4
    Defacto Relationship 87 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 706 59.8
    Croatia 86 7.3
    Indonesia 70 5.9
    United Kingdom 38 3.2
    Other 89 7.5
    Others 191 16.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 61 5.4
    Christianity 540 48.0
    Hinduism 47 4.2
    Judaism 57 5.1
    No Religion 380 33.7
    Others 41 3.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 46 10.3
    $1,250-$1,499 38 8.5
    $1,500-$1,999 48 10.8
    $2,000-$2,499 37 8.3
    $2,500-$2,999 42 9.4
    Others 234 52.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 411 40.2
    Not in the labour force 306 29.9
    Employed, worked part-time 210 20.5
    Unemployed, looking for work 62 6.1
    Employed, away from work 33 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 95 14.5
    Professionals 193 29.6
    Technicians & trades workers 73 11.2
    Clerical & administrative workers 98 15.0
    Sales 66 10.1
    Others 128 19.6
    Occupation
    Census Count Percent(%)
    Pre-school 19 5.3
    Infants/Primary 64 18.0
    Secondary 46 12.9
    Technical or Further Educational Institution 27 7.6
    University or other Tertiary Institutions 191 53.7
    Others 9 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 645 55.6
    Flat, unit or apartment 259 22.3
    Semi-detached, row or terrace house, townhouse 238 20.5
    House or flat attached to a shop, office 19 1.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 190 39.4
    Fully owned 150 31.1
    Being purchased 139 28.8
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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