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City of Glen Eira
Caulfield East

Caulfield East Property Market
& Suburb Profile

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MEDIAN PRICES IN CAULFIELD EAST

Median house price

(all agencies, last 12 months)$1.6m*

House price change

(all agencies, last 12 months)+5.68%

Median unit price

(all agencies, last 12 months)$360k*

Unit price change

(all agencies, last 12 months)-26.53%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

CAULFIELD EAST PRICE TRACKER

HousesUnits

CAULFIELD EAST SALES OVERVIEW

  • Sold by Auction 75%
  • Sold by Private Sale or Other Method 25%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)29

Auction clearance rate in Caulfield East

(all agencies, last 12 months)75%

Average held period in Caulfield East

(proptrack)14 years

CAULFIELD EAST INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$981pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$556pw

Unit rental price change

(all agencies, last 12 months)0.1%

Average rental yield for Houses

(all agencies, last 12 months)2.71%

Average rental yield for Units

(all agencies, last 12 months)5.34%

Caulfield East total population size

(as at the last census)1,293

Median household size in Caulfield East

(as at the last census)2.2

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

CAULFIELD EAST PROPERTY TYPES

  • Houses 21%
  • Units 45%
  • Other 34%

OCCUPANCY IN CAULFIELD EAST

  • Owned 51%
  • Rented 45%
  • Other/Not Stated 4%
  • Singles 37%
  • Families 49%
  • Other 13%

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ABOUT CAULFIELD EAST

Caulfield East is a uniquely specialized residential and institutional suburb located approximately 10 kilometres southeast of the Melbourne CBD.

While it is one of the smaller suburbs in the region, it carries immense significance as a major education and sporting precinct. Dominated by the sprawling Monash University Caulfield campus and the historic Caulfield Racecourse, the suburb offers a high-energy, transit-oriented lifestyle that primarily caters to students, professionals, and racing enthusiasts.

The lifestyle in Caulfield East is defined by its youthful energy and its role as a "commuter gateway." Social life is anchored by the Monash University precinct, which provides a lively atmosphere of cafes, student hubs, and communal study spaces.

Education is the primary pillar of the suburb, with nearly half of the local population attending a tertiary institution. Monash University (Caulfield) is a global leader in art, design, and business, and its master plan continues to evolve with a focus on sustainability and Indigenous commitment. For secondary education, the suburb is home to Glen Eira College, which is recognised for its strong language programs and inclusive community.

Connectivity is arguably the suburb's greatest strength; the Caulfield Railway Station is a major transit super-hub, serving as a junction for the Frankston, Pakenham, and Cranbourne lines. Since the opening of the Metro Tunnel in late 2025, residents benefit from direct, high-frequency "turn-up-and-go" services to the Parkville medical precinct and the city’s northern fringe.

From a property perspective, Caulfield East is a highly specialised market with a high density of rental accommodation and student housing. The housing stock is a distinct mix of original 1920s weatherboard homes in the quiet southern pockets and sleek, high-density apartment complexes near the station. With a high proportion of shared households and single professionals, the suburb maintains a transient but vibrant atmosphere, making it a key strategic location for those seeking proximity to Melbourne’s elite educational and sporting institutions.

Education

Glen Eira College
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SALES COMPARISON

Find out how Caulfield East median sales prices compare to neighbouring suburbs.

CAULFIELD EAST MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
202525$981,8755.68%129$769pw4.03%
202438$1,000,0007.47%96$712pw3.66%
202321$916,750-14.85%145$676pw3.29%
202230$1,112,250-2.37%179$621pw3.14%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
202525$981,875+5.68%
202438$1,000,000+7.47%
202321$916,750-14.85%
202230$1,112,250-2.37%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025129$769pw4.03%
202496$712pw3.66%
2023145$676pw3.29%
2022179$621pw3.14%

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.