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Caulfield South, VIC 3162

Home » VIC Real Estate Data » Glen Eira City, VIC » Caulfield South, VIC 3162

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 South, VIC 3162 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 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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0 thoughts on “Caulfield South, VIC 3162”

  1. The total adult population (15 years or older) of Caulfield South 3162 VIC is 10,088, with a median age of 41. Of those, 51.73% are married, 9.60% are divorced or separated, 33.85% are single and 4.91% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $12,304. The median monthly mortgage repayment for households in this suburb is $2,889 which is 23.48% of their earnings.

    Source: ABS Census Data (2021)

  2. The Suburb of Caulfield South 3162, situated in VIC, accommodates an estimated number of 5569 households. As per the reports received by Q3 of 2023, the typical prices for houses here are noted at approximately $1,720,803 AUD. These houses invite a median weekly rent of $811, ultimately resulting in an indicative yield of 2.45%. Although slightly below the attractive yield threshold of 3%, this yield value isn’t significantly lower and still offers revenue opportunities.

    The socio-economic score of the suburb, also known as the IRSAD score, records an impressive 1126 out of 1217. This high score emphasises the prosperous socio-economic status of the local population, characterised by high-income levels and access to a broad range of economic resources.

    As per rental data, the renter to owner ratio in the district is 26%, safely below the threshold of 30%. This favourable scenario infers a less competitive market for landlords and more stable rental returns. The units to houses ratio even better, standing at 28%. This low ratio is desirable as it reduces rental competition and promotes higher rental yields.

    However, the affordability index for houses seems challenging as it’s estimated at 55 years; notably lengthier than the standard 30-year mortgage. This statistic suggests that housing prices are relatively high compared to the median family income in Caulfield South, posing a potential barrier for prospective homeowners and investors.

    On the supply side, Caulfield South maintains an extremely low stock on market Percentage for houses, only 0.09% — a positive sign of limited supply. The suburb’s inventory level for houses is equally low, resulting in a brief 0.31 months. Both these figures indicate a favourable market condition with scarce housing supply. Moreover, the building approvals ratio for houses in the suburb is just 0.55%, further confirming the limited supply of new dwellings.

    In regard to demand, the days on market for houses averages at 28 days, indicative of a high demand with properties selling relatively quickly. The vacancy rate, combining both houses and units, is recorded at 1.93%; this figure lies within the ‘neutral demand’ range. Nonetheless, the buy search index for houses, standing at 4, sits slightly above the neutral range of 3 to 6, suggesting moderate demand.

    In a nutshell, despite the affordability challenges, Caulfield South 3162 seems to offer a promising investment landscape with favourable supply and demand metrics. Property investors are recommended to conduct their comprehensive research to leverage the potential opportunities present in this district. To simplify this analysis, consider utilising advanced tools such as the HtAG Analytics’ RCS which organises over 80 metrics in a user-friendly format.

    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.

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