Caulfield East

POSTAL CODE: VIC, 3145
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CAULFIELD EAST, 3145 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $1,597,500.

Profits due to an upward trend in home prices in the suburb averaged 0% per annum over a 3-year period.

CAULFIELD EAST now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CAULFIELD EAST are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CAULFIELD EAST, homes and units usually stay on listing for an average of N/A.

In 2016, 12 properties were sold in CAULFIELD EAST during the past year, making it the 677th most active market in VIC based on total real estate transactions.

Surburb overview

Caulfield East is an inner-south-eastern suburb of Melbourne located within the City of Glen Eira. The suburb is positioned approximately 10 kilometres south-east of the Melbourne central business district and forms part of the established inner-urban area surrounding Caulfield.

Caulfield East recorded a population of just under 5,000 at the 2021 census, reflecting its relatively small area. The demographic profile is shaped by a high proportion of students and young adults, mainly due to Monash University’s Caulfield campus. 

There is also a notable share of renters and short-term residents, with household sizes generally smaller than the metropolitan average. 

Housing in Caulfield East is dominated by medium- and high-density developments, including apartment buildings and townhouses, alongside pockets of older detached dwellings. Residential density is highest near major roads, transport nodes and the university precinct.

Public transport access is a defining feature, with Caulfield railway station located on the suburb’s western boundary. The station is a major interchange serving multiple metropolitan lines, including the Frankston, Cranbourne, and Pakenham corridors, and provides frequent services to the CBD.

Tram routes along Dandenong Road and nearby arterial roads further enhance connectivity to surrounding suburbs and inner Melbourne. Road access is supported by Dandenong Road and the Princes Highway, which link the area to central Melbourne and the south-eastern suburbs.

Local retail and service amenities within Caulfield East are limited, with most shopping and dining concentrated around Caulfield Station, Glen Huntly Road and neighbouring Caulfield Central. Supermarkets, medical clinics and professional services are readily accessible within a short distance.

Educational facilities are a significant presence, with Monash University’s Caulfield campus providing tertiary education and employment opportunities. Primary and secondary schools are located in adjacent suburbs, supporting local families.

Recreational amenities include proximity to Caulfield Racecourse reserve, local parks and shared walking paths.

The suburb’s character is shaped by its transport infrastructure, educational institutions and high residential density within Melbourne’s inner south-east.

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