Caulfield North is one of Melbourne’s most tightly held inner-southeast suburbs. Bounded by Dandenong Road, Hawthorn Road and Glen Eira Road, the suburb features large period homes, heritage-listed streetscapes and one of the most sought-after school catchments in Victoria — Caulfield Grammar School.
Caulfield North Property Market Snapshot 2026
| Metric | Houses | Units |
|---|---|---|
| Median Price | $2.15M | $720,000 |
| Gross Rental Yield | 2.2% | 3.9% |
| 12-Month Growth | +5.3% | +3.2% |
| Median Weekly Rent | $910 | $540 |
| Days on Market | 29 | 23 |
| Vacancy Rate | 1.5% | 1.9% |
GeeVee Investment Score: Caulfield North
| Factor | Score | Comment |
|---|---|---|
| Rental Yield | 5/10 | Yield-compressed, capital growth focus |
| Capital Growth | 9/10 | Top decile Melbourne growth suburb |
| School Zones | 10/10 | Caulfield Grammar, Shelford Girls Grammar |
| Land Scarcity | 9/10 | Very low turnover, tightly held |
| Overall Score | 7.7/10 | Premium long-term growth play |
Is Caulfield North a Good Investment in 2026?
Caulfield North is a capital growth market. Yields are low at 2.2% for houses, but long-run price appreciation driven by elite school zones and land scarcity makes it one of Melbourne’s most reliable wealth-building locations. GeeVee rates Caulfield North 7.7/10 for 10-year total return.
Off-Market Opportunities in Caulfield North
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Frequently Asked Questions
What is the median house price in Caulfield North?
The median house price in Caulfield North is approximately $2.15M in 2026.
Is Caulfield North a good investment suburb?
Yes for capital growth buyers. GeeVee rates it 7.7/10. It is one of Melbourne’s most tightly held inner-southeast suburbs.
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