Caulfield North
VICCaulfield North is a growing suburb in VIC with 16,903 residents.
- SAL code
- 20523
- SA2
- 208021177
- Population
- 16,903
Caulfield North, VIC had 16,903 residents at the 2021 Census, with the broader statistical area showing a 5.3% growth over the last five years. The predominant age group is 25-34 years, and the median age sits at 37. Households are most often couples without children, and those with a mortgage repay a median of $2,500 a month. Around 57.2% of homes are owner-occupied, with the largest single tenure being rented at 39.8%. Most dwellings are flats or apartments, making up 39.5% of the suburb's housing stock. The suburb has 4 parks and reserves mapped within its boundary. Source: ABS Census 2021 and Estimated Resident Population, with amenity counts from state Open Data and OpenStreetMap.
Suburb analysis
Caulfield North, VIC at a glance
Caulfield North is an established inner-southeast suburb ~8 km from Melbourne CBD, in Glen Eira. Tree-lined streets, grand Victorian and Edwardian homes, and a long-standing Jewish community give it a distinct civic character. The data tiles below cover the demographic baseline; this card adds the live market, lifestyle, and council context.
For homebuyers
Caulfield North reads as old-money Melbourne with everyday amenity baked in. Period homes on wide streets dominate the north and west; the southern edge tilts into apartment stock around Caulfield Station. Caulfield Park anchors recreation — a sprawling 27 ha green spine with a lake, ovals, and walking loops. Balaclava Road is the cultural artery, with kosher bakeries, delis, and synagogues serving a long-established Jewish community. Caulfield Grammar and Glen Eira College are the headline schools; Monash University's Caulfield campus sits on the southern doorstep. Caulfield Station puts you on the Cranbourne, Pakenham and Frankston lines (CBD ~20 min); tram routes 3 and 64 cover Hawthorn Road and Balaclava Road. Glenhuntly Road and Hawthorn Road are the day-to-day shopping strips. In short: a settled, well-connected inner-southeast suburb with serious period housing stock and a strong sense of community.
For investors
Caulfield North is a capital-growth play, not a yield play. Median house sale ~$2.0M against ~$940/week rent gives ~2.29% gross yield; units sit at ~$665,000 / ~$630/week for ~4.32% (propertyvalue.com.au, January 2026). 12-month growth was -2.06% for houses and -10.14% for units — a soft cycle on top of a high price base. 107 house sales and 197 unit sales in 12 months. Days-on-market 50 (houses) and 40 (units).
Strengths
- Inner-ring location ~8 km to CBD with three rail lines via Caulfield Station and two tram corridors.
- Period housing stock on generous lots — scarce, durable, hard to replicate.
- Highly educated tenant pool (45.6% bachelor or above vs 24.3% Vic) anchored by Monash Caulfield campus.
- Caulfield Major Activity Centre is in Tranche 2 of the Victorian Activity Centres Program — long-run uplift to amenity and density.
Trade-offs
- Yields are thin — ~2.3% gross for houses limits cashflow and tightens serviceability at current rates.
- Both segments printed negative 12-month growth (houses -2.06%, units -10.14%); units especially soft on supply.
- High entry price (~$2.0M house median) concentrates risk and narrows the buyer pool.
- Days-on-market 40-50 days signals a slower-clearing market than the inner-east average.
What's coming
Glen Eira's 2025/26 Capital Works Program funds upgrades to Caulfield Park and footpath/streetscape works around the Caulfield Racecourse perimeter (Normanby, Station, Smith, Kambrook, Booran, Neerim). The Caulfield Major Activity Centre — adopted in the 2022 Structure Plan and added to the Victorian Activity Centres Program (Tranche 2) in 2025 — sets the medium-term redevelopment frame around the station, racecourse and Monash precinct.
Bottom line
For homebuyers: a prestige inner-southeast address with period housing, parkland and rail on the doorstep. For investors: a long-hold capital-growth suburb where current yields and a soft cycle demand patience.
Population
?16,903
Suburb · Census 2021
5-Year Growth
+5.3%
3yr: +7.0% · 10yr: +12.2%
SA2 · 5yr
Household Income
$2,205/wk
Suburb · Census 2021 median
Median Age
37
Suburb · Census 2021
Socio-Economic Index
?9/10
SA2 · least disadvantaged
Unemployment
?3.9%
SA2 · Q4 2025
Schools
2
1 primary, 1 secondary
Hospitals
No data for this suburb
Childcare services
?3
2 long day, 1 OSHC
Parks & green space
?4
Parks, reserves
Transport stops
?65
GTFS stops
Dwelling approvals
No data for this suburb
Median House Sale Price
Source: Valuer-General Victoria (suburb-level quarterly medians).
→ Calculate stamp duty on this suburb's median price→ Estimate mortgage repayments
Safety & Crime
2025 Q4Reported incidents from VIC police. Offence rates may not reflect all crime.
Population over time — Caulfield - North (SA2)
ABS publishes annual estimates only at SA2; Caulfield North suburb alone is ~16,903 (Census 2021).
Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.
Growth at a Glance
Population grew from 18,975 to 24,635 over 24 years, averaging 1.1% per year.
Schools
3 in suburbSector
2 public · 1 private
Type
1 primary · 1 secondary · 1 K-12
Total enrolment
1,160(2 of 3 reporting)
Avg per school
580
Government school catchment
Catchment data is not yet available for VIC.
Source when available: Victorian Department of Education / Vicmap School Zones.
Profile
Census snapshot
Housing
Public housing 0.7%Mostly apartments (39.5%), mixed tenure (57.2% own or mortgage).
Dwelling mix
Tenure
VIC 29%
Number of bedrooms
Bushfire risk
This suburb falls outside every bushfire polygon mapped by the relevant authority. Always confirm at the property address — local conditions and unmapped overlays can still apply.
Overlap is the percentage of the suburb's land area inside the mapped bushfire polygons. Always verify the exact property address with the relevant authority before making decisions. Source when available: Vicmap Planning — Bushfire Prone Area + Vicmap flood overlays.
Flood risk
Source: VIC DTP Vicmap Planning Overlay (flood codes)
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped flood polygons. Always verify the exact property address with the relevant authority before making decisions.
Planning zones
11 zones in suburb| Code | Zone | % covered | Area |
|---|---|---|---|
| NRZ1 | Neighbourhood Residential Zone Schedule 1Residential | 68.9% | 2.90 km² |
| GRZ2 | General Residential Zone Schedule 2Residential | 7.6% | 0.32 km² |
| GRZ1 | General Residential Zone Schedule 1Residential | 7.2% | 0.30 km² |
| PPRZ | Public Park and Recreation ZoneRecreation | 6.2% | 0.26 km² |
| TRZ2 | TRZ2Special use | 4.6% | 0.19 km² |
| C1Z | Commercial 1 ZoneBusiness | 1.9% | 0.08 km² |
| PDZ2 | Priority Development Zone Schedule 2Business | 1.4% | 0.06 km² |
| TRZ1 | TRZ1Special use | 1.0% | 0.04 km² |
| RGZ1 | Residential Growth Zone Schedule 1Residential | 0.7% | 0.03 km² |
| PUZ2 | Public Use Zone Schedule 2Special use | 0.3% | 0.01 km² |
| GRZ3 | General Residential Zone Schedule 3Residential | 0.2% | 7,097 m² |
Source: VIC DTP Vicmap Planning Zones (ZONE_VIC/2026-04-29/08783d2926383881) · As of Apr 2026. Zone boundaries are amended periodically; verify the exact property with the relevant council before relying on permitted use.