Suburb Profile Report for Caulfield South VIC (3162)

Caulfield South House: Median price $1,660,000, Annual capital growth 7.07%, Number of sales 129, Weekly median advertised rent $635

Caulfield South Unit: Median price $795,000, Annual capital growth 5.10%, Number of sales 72, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$1,660,000 $795,000
0.15% 19.55%
6.41% -4.50%
7.07% 5.10%
$635 $460
129 72
1.99% 3.01%
65.27 59.85

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 11270
Median household income ($/weekly) 1641
Median age of persons 40
Median housing loan repayment ($/monthly) 2383
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1333 11.8
    25-34 years 1357 12.0
    35-44 years 1757 15.6
    45-54 years 1593 14.1
    55-64 years 1492 13.2
    Others 3739 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 4633 54.7
    Not Married 3282 38.7
    Defacto Relationship 557 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 6527 60.7
    Poland 279 2.6
    South Africa 694 6.5
    United Kingdom 423 3.9
    Other 1386 12.9
    Others 1437 13.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 155 1.5
    Christianity 3268 32.0
    Hinduism 167 1.6
    Judaism 4351 42.6
    No Religion 2176 21.3
    Others 88 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 383 10.3
    $2,000-$2,499 297 8.0
    $2,500-$2,999 465 12.5
    $3,000-$3,499 347 9.3
    $4,000 or more 316 8.5
    Others 1923 51.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3456 39.5
    Not in the labour force 2762 31.6
    Employed, worked part-time 1956 22.4
    Employed, away from work 320 3.7
    Unemployed, looking for work 248 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1005 17.5
    Professionals 2084 36.4
    Technicians & trades workers 459 8.0
    Clerical & administrative workers 761 13.3
    Sales 551 9.6
    Others 873 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 257 9.4
    Infants/Primary 840 30.9
    Secondary 712 26.2
    Technical or Further Educational Institution 171 6.3
    University or other Tertiary Institutions 637 23.4
    Others 105 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7178 67.8
    Semi-detached, row or terrace house, townhouse 2036 19.2
    Flat, unit or apartment 1331 12.6
    House or flat attached to a shop, office 43 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1583 38.8
    Being purchased 1357 33.2
    Rented 1110 27.2
    Other tenure type 32 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals