Caulfield's buyers are optimistic this month and looking for turn key homes they can move straight into. Well-presented properties priced in line with market expectations are the ones getting the response, across every buyer segment.
First home buyers are active, and families trading up are taking advantage of the recent corrections. Upgraders are the dominant group, with the most activity in the $1.2m to $2m range. The off-market segment is very active, so a good deal of the movement is happening quietly.
Stock levels in this part of the inner south are healthy. Owners who present well and price sensibly are meeting buyers ready to act.
Median sale price for houses in Caulfield is $1,850,000, down 6.1% from last year.
Median sale price for units in Caulfield is $810,000, up 7.8% from last year.
Properties sold for houses in Caulfield is 57, up 7.5% from last year.
Properties sold for units in Caulfield is 53, down 13.1% from last year.
Auction clearance for houses in Caulfield is 75.5%, down 2.6% from last year.
Auction clearance for units in Caulfield is 81.8%, up 30.9% from last year.
Av days on market for houses in Caulfield is 90
Av days on market for units in Caulfield is 54, up 14.9% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
Find Elsternwick's Best Real Estate Agents at Woodards
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management