Caulfield North

CAULFIELD NORTH, VIC 3161, a suburb with a population of 16,903, has experienced positive population growth over the past years. It offers a mix of age groups, with significant numbers in the age range of 20-34 years. The suburb has a high proportion of professionals and managers, indicating a well-educated and career-driven demographic. Commuting preferences show a reliance on motor vehicles and working from home is popular. With a moderate market absorption rate and low vacancy rate, CAULFIELD NORTH presents a balanced investment opportunity for both Houses and Units. Houses in the suburb have a higher median sale price but show potential for renovation opportunities given the high saleprice IQR ratio. On the other hand, Units offer a more affordable entry point with a higher rental yield. The suburb's growth trends suggest a stable market for long-term investment. CAULFIELD NORTH, VIC 3161, is a vibrant suburb catering to professionals, with good infrastructure and educational facilities. Investors can consider both Houses and Units for different investment strategies, depending on their risk appetite and investment goals. The suburb's demographic profile and market indicators present a potential for steady growth and returns over time. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022