Caulfield, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Caulfield
VICCensus 2021 · Population 5,746
Caulfield is a suburb with a total population of 5,746, characterized by a median age of 42, which is slightly higher than the Victorian average of 38. The gender distribution is fairly balanced with 47.8% male and 52.2% female residents. The suburb has a diverse age distribution, with 4.6% of the population aged 0-4 years and 5.2% aged 5-9 years. Families are a significant part of the community, with 43.2% being couples with children and 42.4% couples without children. The average household size is 2.4 people.
Key Highlights
- Highly educated population - 46.1% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,143 weekly (vs VIC $1,759)
- Significant work-from-home culture - 40.6% (vs VIC 25.7%)
- Diverse cultural community with 55.8% born in Australia
- Mixed housing options with 39.9% separate houses and 37.9% townhouses
Things to Consider
- Higher median age may not appeal to younger demographics
- Higher property prices may challenge first-home buyers
- Lower percentage of separate houses compared to VIC average
- Rented properties slightly above VIC average at 31.7%
- Unemployment rate slightly below VIC average at 4.3%
What's it like living here?
Daily life in Caulfield offers a mix of commuting options, with 37.0% of residents driving to work and 40.6% working from home, which is significantly higher than the Victorian average of 25.7%. The suburb has a strong professional presence, with 37.9% of the workforce employed as professionals. The community feel is enriched by a variety of cultural backgrounds, with 55.8% of residents born in Australia and notable communities from South Africa, Israel, and China.