All About Caulfield South, Glen Eira, VIC, 3162

Caulfield South, located within the City of Glen Eira in Victoria, Australia, is a suburb that reflects a combination of suburban stability and urban vibrancy, making it an attractive option for many homebuyers. The housing market in Caulfield South is characterized by a mix of architectural styles, ranging from charming period homes to modern apartments and townhouses. Property values in this suburb have seen a steady increase over the years, driven by high demand and the area's proximity to Melbourne's central business district, just 10 kilometers away. This demand is fueled by its desirable features, such as excellent access to public transport, top-quality schools, and a diverse array of dining and shopping options. Buyers might expect to encounter competitive market conditions, making it necessary to act quickly when desirable properties hit the market.

Living in Caulfield South offers residents a blend of convenience and community spirit. This suburb is well-regarded for its leafy streets, family-friendly parks, and a strong sense of neighborhood camaraderie. The community is diverse, welcoming individuals from various cultural backgrounds, which enriches the local lifestyle with a variety of festivals and community events held throughout the year. Residents enjoy the local amenities, including beautiful gardens, shopping strips along Glen Huntly Road, and the proximity to larger retail options in nearby suburbs. The area's active lifestyle is further supported by local sporting clubs and recreational facilities. Overall, Caulfield South provides a balanced living environment, catering to both young professionals seeking urban convenience and families desiring a nurturing community atmosphere.

Caulfield South Real Estate Market Outlook

Thinking about buying in Caulfield South? Now could not be a better time, with 6501 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,049,000 with prices in this suburb ranging from $94,000 to $10,185,000. Caulfield South is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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 South 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 South 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. Medium density in Caulfield South necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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