Fraud Blocker

Caulfield North, VIC 3161

Home » VIC Real Estate Data » Glen Eira City, VIC » Caulfield North, VIC 3161

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Caulfield North, VIC 3161 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Caulfield North, VIC 3161”

  1. The total adult population (15 years or older) of Caulfield North 3161 VIC is 14,245, with a median age of 37. Of those, 45.17% are married, 8.69% are divorced or separated, 41.19% are single and 4.97% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $12,320. The median monthly mortgage repayment for households in this suburb is $2,500 which is 20.29% of their earnings.

    Source: ABS Census Data (2021)

  2. Hailing from Victoria, the suburb of Caulfield North 3161 houses an estimated number of 8705 households. As we dissect the third quarter of 2023, the typical house prices in this suburb firmly sit at a significant $2,313,058. The median weekly rent here stands at $796, collectively bringing the indicative yield to a low of 1.79%.

    Despite the less attractive yields, the area boasts a robust socio-economic score of 1127 out of 1217, indicative of the area’s affluent residents, access to economic resources and proportion of skilled professions. This, coupled with a relative high renter to owner ratio of 40% and a units to houses ratio of 55%, paints a picture of a market leaning towards a mixed composition of rental and owned properties. The stronger presence of units over houses, however, may signpost an oversaturated rental market driving up landlord competition.

    Furthermore, the affordability index looms at a worrisome 74 years – far greater than the standard 30-year mortgage implying prospective homeowners face a prolonged journey towards full ownership. In the context of supply, a notably low 0.07% stock on the market along with an inventory level subdued at 0.24 months proposes a tight market. The building approvals ratio of 0.74% suggests a moderated supply of new dwellings.

    Casting our eyes on demand metrics, Caulfield North experiences swift market turnover with properties staying on the market for a mere 22 days. The combined vacancy rate for both houses and units is lean at 1.04%, signifying high demand due to limited availability. The buy search index for houses, however, settles at a neutral 3 which might indicate an average level of interest from buyers.

    While this snapshot presents a largely favourable view of Caulfield North’s property market, it’s always essential to remember that property market indicators are only one piece of the investment puzzle. Investors should always analyse the comprehensive slate of data and trends to make informed decisions. Consider leveraging tools like the HtAG Analytics Relative Composite Score (RCS), using over 80 metrics, to expedite this research process.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment