Free full calculator โ†’
Suburb Insights ยท VIC 3161

Caulfield North 3161, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Caulfield North is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 16,903, making it a smaller community. Located approximately 8 km from the Melbourne CBD, Caulfield North is a outer metro area in Victoria. The median household income is $114,660 AUD per year (ABS 2021 Census).

Investment Score

78 / 100 Good

Above-average earnings in Caulfield North support sustained property values. The short commute to the city centre is a key demand driver.

Location

Map shows Caulfield North, Victoria, Australia.

Key Indicators

Postcode
3161

Official Australia Post postcode for Caulfield North. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
16,903

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$422/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$114,660/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
8 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

Find schools near Caulfield North on My School โ†’
Parks & green spaces
7

Estimated 7 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,500/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
31% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Caulfield North's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $422/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,500/month. A median household income of $114,660/year supports premium property values and indicates a well-employed resident base. With only 31% separate houses, Caulfield North has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

โš ๏ธ
Buy & Hold

Caulfield North offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

โš ๏ธ
Rental Yield

Expect competitive but not exceptional rental returns in Caulfield North's current market.

โœ…
Renovation / Flip

Caulfield North's established market and growing population make it a viable location for value-add renovations.

Risk Factors

Run the numbers on a Caulfield North property

Full Property Analysis

30-year projections for Caulfield North

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Strong

Property values in Caulfield North should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in Caulfield North should see steady occupancy, with moderate upward pressure on rents. Confidence in Caulfield North's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Caulfield North a good suburb for investment?

Caulfield North is a outer metro area in Victoria with a population of 16,903. The median rent is $422/week and the median household income is $114,660/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Caulfield North?

Key demand drivers in Caulfield North include affordability relative to inner suburbs and expanding infrastructure. 31% of dwellings are separate houses. The area has approximately 4 schools and 7 parks nearby.

What is the population of Caulfield North?

According to the ABS 2021 Census, Caulfield North has a population of approximately 16,903. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Caulfield North from the Melbourne CBD?

Caulfield North is approximately 8 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

Explore Nearby Suburbs

Victoria Property Resources