Caulfield South has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 8.88% to date .
Over the longer term, Caulfield South has seen property prices show investors a 41.88% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Caulfield South should be aiming for at least -4.46% off the asking price, which is the average vendor discount being achieved at the moment.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 1.89%, without taking into account capital value appreciation, which has been averaging out at 7.33%.
Caulfield South is in the bottom 10% in VIC when comparing median price capital growth over the last year. Caulfield South gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.05%.
Caulfield South,3162 was ranked 656 in Australia by increase in median property value over the quarter.
Caulfield South3162 is located in VIC which offers an average discount of -4.58% to property investors. Caulfield South itself is showing figures that indicate -6.03% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $450 weekly from the median priced house in this suburb.