Suburb Profile Report for Caulfield South VIC (3162)

Caulfield South House: Median price $1,502,500, Annual capital growth 5.65%, Number of sales 97, Weekly median advertised rent $695

Caulfield South Unit: Median price $730,000, Annual capital growth 2.04%, Number of sales 55, Weekly median advertised rent $500

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Caulfield South, 3162 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.99%

The five-year average increase in median property values for Caulfield South,3162 has given property investors a potential capital gain of 22.01% across each of those five years.

Our latest figures would indicate that property sellers in Caulfield South are currently offering property investors an average price cut of -6.15% below the asking price at the moment.

On average over the past year, suburb has had 8.08 sales per month, which equates to 97 per year.

Situated 10.49km from the CBD, Caulfield South is one of Glen Eira (C) localities in the postcode 3162.

Giving property investors a an average capital gain of 1.53% for the last year, Caulfield South, 3162 is the 715th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caulfield South has fallen somewhat when compared to the 5 year average annual rate.

Metrics i HOUSE UNIT
$1,502,500 $730,000
2.91% 1.39%
-0.99% 1.53%
5.65% 2.04%
$695 $500
97 55
2.41% 3.56%
52.12 77.0714285714286

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Caulfield South VIC
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