Caulfield South is a well-established suburb in Victoria within the Glen Eira local government area (postcode 3162). With a population of 12,328, the suburb has an established demographic with a median age of 41. Households earn a median income of $123K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Polish.
The median house price in Caulfield South is $1.8 million, having dropped significantly 8.6% over the past year. Units have a median price of $909,000 (-21% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,889.
Caulfield South is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1131, which is well above the national average of 1,000. Public transport access includes 1 tram stop, 56 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Caulfield South offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($1.8M/$875K), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved -8.6% year-on-year.
Caulfield South is a well-established suburb in Victoria within the Glen Eira local government area (postcode 3162). With a population of 12,328, the suburb has an established demographic with a median age of 41. Households earn a median income of $123K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Polish.
The median house price in Caulfield South is $1.8 million, having dropped significantly 8.6% over the past year. Units have a median price of $909,000 (-21% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,889.
Caulfield South is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1131, which is well above the national average of 1,000. Public transport access includes 1 tram stop, 56 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Caulfield South offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($1.8M/$875K), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved -8.6% year-on-year.