Property Management Caulfield
Caulfield is situated some 7 km from Melbourne’s CBD and is home to 4800 people and 1700 separate dwellings.
Our property manger in the Caulfield area reports that the median rents for units are around $450 per week with better properties attracting even higher returns.
Prices for homes in the suburb have risen substantially from Dec 08 to Dec 09 resulting in price increases for sales of some 34% on average.
Rental property in the suburb makes up about 22% of all property with the balance being owner occupied.
Free standing homes account for approximately 50% of all dwellings with the balance of semi detached and flats or unit making up the balance in equal numbers.