Caulfield North
Suburb profile, market snapshot and recent listings for Caulfield North, VIC 3161.
About Caulfield North
Welcome to Caulfield North
Caulfield North sits around nine kilometres south-east of the Melbourne CBD, tucked between the leafy streets of Armadale and the busy commercial strips of Balaclava and Elsternwick. It's an area long associated with grand period homes, tree-lined avenues and a settled, well-heeled residential feel, while still being close enough to St Kilda East and Caulfield to borrow a bit of café culture and convenience.
The suburb tends to suit a mix of established families, professionals and downsizers, along with a solid contingent of apartment dwellers drawn to its proximity to the city and its reputation as one of Melbourne's more consistently sought-after inner-south-eastern addresses. With a population of just under 17,000 and a median age of 37, it reads as a suburb of settled households rather than a share-house or first-home-buyer enclave, though its apartment stock does open the door to a broader range of buyers and renters.
Lifestyle & dining
Caulfield North doesn't have one single high street of its own, which is part of its appeal — residents tend to fan out to the surrounding strips depending on the mood. Balaclava and Carlisle Street are close by for coffee, bakeries and casual dining, while Glenferrie Road in Malvern and the shops of Elsternwick and Armadale are all a short drive or tram ride away. It's a quieter, more residential pocket than its neighbours, with much of daily life built around wide streets of period homes, private schools and easy access to parkland.
Shopping
For bigger shopping trips, Chadstone Shopping Centre is within easy reach, while more local needs are covered by the retail strips scattered through Caulfield, Balaclava and Elsternwick, offering everything from independent grocers and delis to fashion boutiques and homewares. The mix of nearby strip shopping and a major regional centre close by gives residents flexibility without needing to leave the area often.
Getting around
Caulfield North benefits from being flanked by two well-established transport corridors. Caulfield railway station, just to the south, is a major hub on the Pakenham, Cranbourne and Frankston lines and also services regional trains, making the city commute straightforward. Tram routes running through neighbouring Balaclava, Malvern Road and St Kilda East add further options for getting around without a car, and the suburb's position close to Dandenong Road and the Monash Freeway makes driving into the city or out towards the south-east relatively simple.
Schools & families
Education is one of Caulfield North's strong suits. Caulfield Grammar School's Shelford Campus and Melbourne Grammar School's Grimwade Campus both have a presence in the area, giving families access to two of Melbourne's most established independent school networks without leaving the neighbourhood. Caulfield Junior College serves local families in the government system, while MacKillop Specialist School's Caulfield campus provides specialised education options. This concentration of well-regarded schools is a major drawcard for families choosing to settle here long-term.
Housing & architecture
The streetscape is dominated by handsome period housing — Edwardian and Californian bungalow-style homes on generous blocks are a common sight, interspersed with more contemporary builds and townhouse developments. Current listings show a dwelling mix tilted heavily towards apartments and units at 58%, with houses making up 30%, townhouses 10% and a small sliver of vacant land. That split reflects a suburb that has seen steady apartment development alongside its traditional stock of family homes, giving buyers a genuine choice between low-maintenance unit living and larger period or architect-designed houses.
The property market
Caulfield North's median house price currently sits at $1.55 million, positioning it firmly in Melbourne's premium inner-suburban bracket, while units and apartments offer a considerably more accessible entry point with a median of $590,000. Median rent across the suburb is $983 a week, underlining strong ongoing rental demand. House prices have pulled back by 7.0% recently, a correction that follows a long run of strong growth in the area and may present an opening for buyers who have found the market tough to enter in previous years. With its blend of prestige housing stock, excellent schools and transport links via Caulfield station, the suburb remains one to watch for both owner-occupiers and investors.
Market snapshot
Caulfield North property market
Median sale price
$1.55m
House · 3 bed
Median rent
$983
per week
Gross rental yield
3.3%
annual rent ÷ sale price
Typical price range
Entry
$1.10m
Median
$1.55m
Premium
$3.19m
Days on market
—
Auction clearance
74%
Sold this year
57
Median sold price trend · House 3 bed
Compound growth -5.3% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Caulfield North by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Caulfield North, VIC 3161.
Population
16,903
residents (2021)
Median age
37
years
Household income
$2,205
median, per week
Median rent
$422
per week
Median mortgage
$2,500
per month
Mortgage / income
26%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Caulfield North
Government school catchment
Independent & Catholic schools
Caulfield Grammar School - Shelford Campus
MacKillop Specialist School - MacKillop Education Caulfield
Melbourne Grammar School - Grimwade Campus
Recent results
Recently sold in Caulfield North
$550k
8/376 Dandenong Road
Sold ~July 2026
$1.90m
25 Fitzgibbon Crescent
Sold ~July 2026
$575k
G03/132 Balaclava Road
Sold ~July 2026
$1.10m
64A Kambrook Road
Sold ~July 2026
$412k
14/401 Alma Road
Sold ~July 2026
$585k
106/337 Balaclava Road
Sold ~July 2026
$475k
106/1 Wilks Street
Sold ~July 2026
$2m
6 Raphael Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Caulfield North
Compare the area
Price map around Caulfield North
Every listing for sale near Caulfield North, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Caulfield North suburb FAQ
What is the median property price in Caulfield North?
The median unit price in Caulfield North, VIC is $590k for a 2-bedroom home. Over the past year, median sold prices have fallen about 1.7%.
How much is rent in Caulfield North?
The median weekly rent in Caulfield North is around $650 per week.
Is Caulfield North a good place to live?
Caulfield North is an inner suburb in Melbourne, Victoria, Australia, 8 km south-east of Melbourne's Central Business District, located within the City of Glen Eira local government area. Caulfield North is an established residential suburb in VIC, with a population of around 16,903 and 4 schools in the area.
What is the population of Caulfield North?
Caulfield North has a population of 16,903 (ABS 2021 Census), with a median age of 37.
What schools are in Caulfield North?
There are 4 schools in or near Caulfield North, including Caulfield Grammar School - Shelford Campus, MacKillop Specialist School - MacKillop Education Caulfield and Melbourne Grammar School - Grimwade Campus.
How long do homes take to sell in Caulfield North?
Properties in Caulfield North take around 26 days to sell on average, with an auction clearance rate of about 72%.
How much do you need to buy in Caulfield North?
Entry-level properties in Caulfield North start around $438k, while premium homes reach $1.04m.
What suburbs are near Caulfield North?
Suburbs near Caulfield North include Armadale, St Kilda East, Balaclava, Elsternwick and Caulfield.
Fresh to market
New this week in Caulfield North
Single level family perfection in a prized location
Elegant family living
Luxurious courtyard living
Single level park side living
Available now