Caulfield South Property Growth

VIC · 3162 · Inner South-East Melbourne

A well-established residential suburb about 10 km south-east of the Melbourne CBD, Caulfield South is a distinct suburb bounded by Glen Huntly Road, Booran Road, North Road and Kooyong Road — separate from the neighbouring suburbs of Caulfield and Caulfield North — and is known for its quiet, family-friendly streets, tram access along Glen Huntly Road, and its two large shopping centres, Caulfield Village and the Glen Huntly Road strip.

ProfileLast updated: June 2026

Overview

Location: City of Glen Eira

A well-established residential suburb about 10 km south-east of the Melbourne CBD, Caulfield South is a distinct suburb bounded by Glen Huntly Road, Booran Road, North Road and Kooyong Road — separate from the neighbouring suburbs of Caulfield and Caulfield North — and is known for its quiet, family-friendly streets, tram access along Glen Huntly Road, and its two large shopping centres, Caulfield Village and the Glen Huntly Road strip.

Market Snapshot

Median House Price

$2.00m

Median Unit Price

$1.20m

Avg Days on Market

38 days

Demographics

Estimated Population

12,328

Owner Occupier Rate

72.0%

Renter Rate

26.0%

Transport & Connectivity

Caulfield South has no railway station of its own, but tram routes 64 and 67 service the suburb — route 67 runs along Glen Huntly Road on the suburb's northern edge connecting to Glenhuntly and Elsternwick stations, while route 64 runs along Hawthorn Road towards East Brighton. Bus routes 605, 625 and 630 also service Kooyong Road on the suburb's western boundary. Major Roads: Glen Huntly Road, Kooyong Road, Booran Road, North Road. Tram Lines: Routes 64, 67. Caulfield South is approximately 10 km from the Melbourne CBD. Verify current timetables and traffic conditions before relying on any commute estimate.

Education

Caulfield South Primary School, an International Baccalaureate Primary Years Programme-accredited government school, serves the local area. Secondary options nearby include Glen Eira College in neighbouring Caulfield East and private options such as Caulfield Grammar School — always confirm the applicable government secondary zone for a specific address via the Department of Education's Find My School tool.

Amenities & Lifestyle

Caulfield South is home to several local green spaces, including Caulfield Recreation Reserve and Caulfield Bush Reserve (each around 3 hectares, offering BBQ facilities, sports ovals and a skate park), plus smaller reserves scattered through its residential streets. Shopping is anchored by Caulfield Village and the Glen Huntly Road strip, giving residents day-to-day retail and hospitality options without needing to leave the suburb.

Employment

Major Employment Hubs: Caulfield South is primarily residential, with residents well placed to reach the nearby Monash University Caulfield campus and Caulfield Racecourse precinct in neighbouring Caulfield East, or the Melbourne CBD via tram and connecting rail services. Commercial Centres: Caulfield Village and the Glen Huntly Road shopping strip.

Infrastructure

Glen Eira City Council has run a multi-stage "Transforming Caulfield South Together" community consultation process to shape the future of the suburb's shopping strips and public realm, alongside broader footpath and streetscape works around the perimeter of the neighbouring Caulfield Racecourse (including sections of Booran Road and Kambrook Road bordering Caulfield South). No further major infrastructure projects beyond those noted above are currently confirmed for Caulfield South specifically. Check Infrastructure Australia's project pipeline, State Government announcements or Glen Eira City Council's website for the latest updates.

Growth Drivers

  • High owner-occupier rateWith roughly seven in ten dwellings owner-occupied, Caulfield South has a stable, low-turnover residential base typical of well-established family suburbs.
  • Tram connectivityRoutes 64 and 67 give residents direct access to Glen Huntly Road's retail strip and connections to the Frankston and Sandringham lines at Glenhuntly and Elsternwick.
  • Local reserves and recreationCaulfield Recreation Reserve and Caulfield Bush Reserve provide accessible green space and sporting facilities within the suburb.
  • Proximity to Monash University Caulfield and Caulfield RacecourseCaulfield South's location adjacent to these major precincts in Caulfield East supports rental demand from students and professionals.

Key Risks

  • Unusually strong recent unit growth — Caulfield South's reported unit price growth over the past year has been unusually high compared to typical suburb trends; investors should treat this figure with some caution and seek independent verification given the potential for a small or skewed sales sample.
  • No dedicated train station — Residents depend on tram and bus connections to reach nearby rail lines, which may be a factor for buyers who prioritise direct train access.
  • Interest rate and lending sensitivity — Like all property markets, Caulfield South's values and buyer activity are sensitive to changes in interest rates and lending conditions.

Frequently Asked Questions

Caulfield South's high owner-occupier rate, tram connectivity and proximity to Monash University's Caulfield campus and Caulfield Racecourse are genuine demand drivers, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.

Refer to the Market Snapshot section on this page for current median price data sourced from our live database.

Caulfield South Primary School serves the local area, with nearby secondary options including Glen Eira College in Caulfield East — confirm the applicable zone for a specific address via the Department of Education's Find My School tool.

Caulfield South has no train station of its own; tram routes 64 and 67 connect residents to Glen Huntly Road and to the Frankston and Sandringham line stations at Glenhuntly and Elsternwick. Verify current timetables and traffic conditions before relying on any commute estimate.

Local green space includes Caulfield Recreation Reserve and Caulfield Bush Reserve, while Caulfield Village and the Glen Huntly Road strip provide shopping, dining and everyday amenities.

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Sources

This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.