Caulfield South

Caulfield South, VIC 3162, is a vibrant suburb with a total population of 12,328. The area has a mix of age groups, with significant numbers of residents in the 5 to 19 years and 45 to 64 years age brackets. The suburb offers various commuting options, with a notable percentage of residents opting to work from home. In terms of occupations, the top three are Professionals, Managers, and Technicians/Tradesworkers. For home buyers and investors interested in Houses, Caulfield South presents a median sale price that falls within a moderate range, making it an attractive option. The suburb has a healthy market absorption rate, suggesting a balanced market. With a relatively low vacancy rate and a room demand/supply ratio favouring landlords, Caulfield South shows positive rental prospects. For those considering Units, the suburb provides a promising rental yield, low vacancy rates, and a room demand/supply ratio in favour of landlords, potentially indicating good investment opportunities. Caulfield South is a diverse suburb known for its good mix of demographics, educational advantage, and desirable lifestyle. With solid investment fundamentals and a range of amenities, it offers potential for home buyers, property investors, and developers alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022