Thinking about buying in Caulfield East? Now could not be a better time, with 1027 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,358,000 with prices in this suburb ranging from $151,000 to $6,078,000. Caulfield East is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $401.29 |
Median Monthly Mortgage | $2301.71 |
Median Persons Per Bedroom | 0.93 |
Average Household Size | 2.14 |
Average Age | 35.00 |
Average Income | $1019.71 |
Average Cars Per Dwelling | 1.37 |
Average Properties Within 50M | 59 |
1 Bed  $2,074,000 |
2 Bed  $1,266,000 |
3 Bed  $2,122,000 |
4 Bed  $3,071,000 |
5 Bed  $2,620,000 |
6 Bed+$1,452,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Caulfield East ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Caulfield East classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Caulfield East to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
flat 15, 7 dudley st, caulfield east, vic, 3145 | 2 | 1 | 1 | $360,000 | |
flat 406, 7 dudley st, caulfield east, vic, 3145 | 2 | 2 | 1 | 520000 |
Glen Eira College
St Anthony's School
Oakwood School
Malvern Primary School
St Mary's School
Glen Huntly Primary School
Carnegie Primary School
St Aloysius' School
Lloyd Street Primary School
Melbourne Montessori School
(While the above schools are located with the suburb of Caulfield East there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.5 | 16.4 | 27.0 | 42.8 | 86.8 | 2.9 | 23.8 |
Feb | 1.0 | 15.9 | 25.8 | 44.4 | 86.5 | 2.7 | 20.3 |
Mar | 1.1 | 14.5 | 24.1 | 45.4 | 88.1 | 2.5 | 15.6 |
Apr | 2.0 | 12.1 | 20.8 | 48.0 | 90.9 | 2.4 | 10.6 |
May | 1.6 | 10.0 | 17.7 | 52.3 | 89.4 | 2.9 | 7.8 |
Jun | 1.3 | 7.7 | 15.0 | 59.8 | 93.7 | 2.5 | 6.9 |
Jul | 1.3 | 7.8 | 14.4 | 56.9 | 89.5 | 3.3 | 7.4 |
Aug | 1.6 | 7.8 | 15.1 | 51.2 | 89.3 | 3.0 | 10.0 |
Sept | 1.4 | 9.3 | 17.7 | 46.1 | 88.9 | 3.1 | 14.0 |
Oct | 1.4 | 11.1 | 21.1 | 42.8 | 89.3 | 3.2 | 18.3 |
Nov | 1.8 | 12.5 | 22.4 | 43.4 | 88.6 | 2.9 | 20.8 |
Dec | 2.0 | 14.6 | 24.8 | 43.5 | 88.6 | 2.8 | 24.0 |
source: Australian Government Bureau of Meteorology
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