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City of Glen Eira
Caulfield South

Caulfield South Property Market
& Suburb Profile

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MEDIAN PRICES IN CAULFIELD SOUTH

Median house price

(all agencies, last 12 months)$1.9m*

House price change

(all agencies, last 12 months)+8.99%

Median unit price

(all agencies, last 12 months)$919k*

Unit price change

(all agencies, last 12 months)+9.73%

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

CAULFIELD SOUTH PRICE TRACKER

HousesUnits

CAULFIELD SOUTH SALES OVERVIEW

  • Sold by Auction 60%
  • Sold by Private Sale or Other Method 40%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)27

Average days on market (units)

(all agencies, 12 months)26

Auction clearance rate in Caulfield South

(all agencies, last 12 months)60%

Average held period in Caulfield South

(proptrack)14 years

CAULFIELD SOUTH INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$989pw

Median rental price for Units

(all agencies, last 12 months)$652pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)2.72%

Average rental yield for Units

(all agencies, last 12 months)3.95%

Caulfield South total population size

(as at the last census)12,328

Median household size in Caulfield South

(as at the last census)2.6

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

CAULFIELD SOUTH PROPERTY TYPES

  • Houses 38%
  • Units 29%
  • Other 33%

OCCUPANCY IN CAULFIELD SOUTH

  • Owned 72%
  • Rented 26%
  • Other/Not Stated 2%
  • Singles 24%
  • Families 73%
  • Other 3%

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ABOUT CAULFIELD SOUTH

Caulfield South is a prestigious and high-demand residential suburb located approximately 10 kilometres southeast of the Melbourne CBD. Defined by its wide, leafy streets and an exceptional blend of grand family estates and modern luxury developments, it is one of the most stable and aspirational pockets within the City of Glen Eira.

The lifestyle in Caulfield South is centered on outdoor recreation and a sophisticated local shopping scene. Princes Park is the undisputed heart of the suburb, providing vast green spaces for local sports, a popular adventure playground, and a dedicated off-leash area for pets. Social life is anchored by the vibrant Glen Huntly Road and Hawthorn Road precincts, known for their traditional Kosher bakeries, boutique delis, and a growing number of high-end cafes. The Caulfield South Community House remains a vital social hub, offering innovative programs that foster cultural diversity and mental wellbeing in a warm, family-like environment.

Education is a primary driver of the suburb’s popularity, with families heavily prioritising the Caulfield South Primary School zone. The suburb also falls within the catchment for several high-performing secondary colleges and is home to prominent private and specialised institutions. This concentration of elite educational options, combined with the suburb's safe, low-traffic environments, ensures it remains a top choice for families.

From a property perspective, Caulfield South is a premium and resilient market. The housing stock is a desirable mix of meticulously restored California Bungalows, mid-century brick homes, and a rapidly increasing number of luxury townhouses. While the market is currently considered a "buyer's market" in certain segments due to slightly longer days on market, the long-term capital growth potential remains strong, particularly for larger four and five-bedroom homes which frequently exceed the $2 million mark.

Education

Caulfield Primary School
Caulfield South Primary School
Japanese School of Melbourne
Melbourne Montessori College
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SALES COMPARISON

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

CAULFIELD SOUTH MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025265$1,399,5008.99%304$821pw3.33%
2024253$1,323,500-5.74%302$796pw3.38%
2023214$1,450,0000.69%299$752pw3.09%
2022233$1,396,2500.97%381$699pw2.92%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025265$1,399,500+8.99%
2024253$1,323,500-5.74%
2023214$1,450,000+0.69%
2022233$1,396,250+0.97%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025304$821pw3.33%
2024302$796pw3.38%
2023299$752pw3.09%
2022381$699pw2.92%

BROWSE MORE SUBURBS

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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.