Caulfield North Property Market
& Suburb Profile

The lifestyle in Caulfield North is defined by its quiet sophistication and deep community roots. The suburb is home to a significant Jewish population, which contributes to a unique local character filled with specialised kosher bakeries, delis, and synagogues, particularly along Balaclava Road.

At its heart lies Caulfield Park, one of Melbourne’s most iconic municipal gardens. This sprawling green oasis features a large lake, diverse sporting ovals, and expansive walking tracks.

Residents are benefiting from the official opening of the Metro Tunnel in late 2025, which has significantly improved rail capacity and travel times for the Pakenham and Cranbourne lines, providing direct high-frequency links from Caulfield Station to the Parkville medical and university precincts.

Education in Caulfield North is highly regarded, making it a perennial favourite for families. The proximity to Monash University’s Caulfield campus adds a vibrant academic layer to the suburb's northern edge, supporting a diverse demographic of students and academic professionals.

From a property perspective, Caulfield North remains one of Melbourne’s most premium and resilient markets. It remains "tightly held," with a long average property hold period. The housing stock is a prestigious mix of original period homes and a growing selection of high-end boutique apartments, particularly in the urban renewal zones near the railway. With its combination of elite schooling, world-class parklands, and major transport enhancements, Caulfield North continues to be a premier choice for established residents in Melbourne’s inner southeast.