Caulfield North is a well-established suburb in Victoria within the Glen Eira local government area (postcode 3161). With a population of 16,903, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $115K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Polish.
The median house price in Caulfield North is $2.5 million, having declined 6.5% over the past year. Units have a median price of $655,000 (-2% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,500.
Caulfield North is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 72 bus stops. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Caulfield North offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.5M/$875K), placing it in the premium segment. The price-to-income ratio of 21.4x is considered stretched. House prices have moved -6.5% year-on-year.
Caulfield North is a well-established suburb in Victoria within the Glen Eira local government area (postcode 3161). With a population of 16,903, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $115K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Polish.
The median house price in Caulfield North is $2.5 million, having declined 6.5% over the past year. Units have a median price of $655,000 (-2% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,500.
Caulfield North is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 72 bus stops. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Caulfield North offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.5M/$875K), placing it in the premium segment. The price-to-income ratio of 21.4x is considered stretched. House prices have moved -6.5% year-on-year.