How Much is My Home Worth in Caulfield?
On March 28, 2019, the median price for a house in Caulfield was $1,700,000. A median-priced unit was valued at $777,000. This year there has been 45 houses and 27 apartments sold. Of these house sales, 29 were three bedrooms. It takes approximately 49 days to sell a unit and 44 days to sell a house. The annual capital growth for homes is 6.19% and units is 4.40%. The 12-month capital growth is -21.74% on houses and -6.13% for the unit.
The Demand to Supply Ratio or DSR ranking says that an investment in houses and units is rated as above average. For both types of properties, Caulfield is still regarded as a good investment for buyers wanting to add value. There are currently more buyers than sellers but only just. Generally, sellers are getting the price they have advertised. At the moment capital growth should marginally exceed the national average.
House prices and rent returns in Caulfield.
- 2 bedroom home No Data Rent per week $475
- 3 bedroom home $1,7000,000 Rent per week $650
- 4 bedroom home $1,810,000 Rent per week $950
Unit prices and rent returns in Caulfield.
- 1 bedroom unit No Data Rent per week $320
- 2 bedroom unit $650,000 Rent per week $460
- 3 bedroom unit No Data Rent per week $620
The gross rental yield for a house is 2.33% and 3.57% for a unit.
Free Real Estate Appraisal Caulfield
Are you going to sell your house and place it on the market? If so, we provide free property appraisals on land, units, apartments and houses. We present our valuation on the property’s proximity to schools, shops and amenities. Nearby public transport is taken into account as is the recent sales history in the suburb. Our appraisers know the region well and will give you an accurate estimation as to the worth of your home.
Free Rental Appraisal Caulfield
Have you just purchased an investment property and need a rental manager? Or, are you vacating your home and would like to rent it out? Our property management team currently manage over 3600 homes in Melbourne. We have a database of tenants that are actively looking to rent all type of property. All our prospective tenants are vetted for security purposes. We engage closely with the landlord. Initially we determine the length of the rental and the preferred tenant. From here we can place the renter, collect the monthly rent, carry out routine inspections and tend to maintenance issues. We will give your a free rental appraisal that should accurately reflect your weekly rent return.
Property Valuation Caulfield
There is a marked difference between an appraisal and a valuation on a property. An appraisal can be performed by any real estate agent. However, if you require a valuation on a piece of real estate for legal purposes then you must employ the services of a registered valuer. This will come with a fee.
Caulfield University Library
Recently Rented Homes in Caulfield and surrounding suburbs.
View our list of recently leased homes in Caulfield and surrounding suburbs.
Lifestyle in Caulfield
Caulfield is located 12 kilometres from Melbourne in the south-east. The Caulfield train station runs along the Dandenong line. Caulfield is home to the Caulfield Race Course. The popluation recorded 5593 residents at the last national census. You will also find the Caulfield Campus of the Monash Universite. There is a local football team and multiple retail outlets that cater for food and clothing. Its neighbouring suburbs include Caulfield South and Caulfield North.
Schools in Caulfield
There are 8 schools in Caulfield.
- Caulfield Primary School Co-educational
- Shelford Girls’ Grammar
- Caulfield Park Community School
- St Aloysius Catholic Primary School
- Caulfield South Primary School
- Melbourne Montessori School
- Melbourne Grammar School – Grimwade House
- Monash University, Caulfield Campus