Caulfield North

Caulfield North lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of Nov 2025, the estimated population of Caulfield North is around 18,654, reflecting an increase of 1,751 people since the 2021 Census. The 2021 Census reported a population of 16,903 in the suburb. This growth was inferred from AreaSearch's estimated resident population of 18,543 based on the latest ERP data release by the ABS (June 2024) and an additional 622 validated new addresses since the Census date. The population density ratio is 4,441 persons per square kilometer, placing Caulfield North in the top 10% of national locations assessed by AreaSearch. Between 2021 and Nov 2025, Caulfield North's growth rate exceeded that of its SA4 region (7.1%) and SA3 area, marking it as a growth leader. Overseas migration contributed approximately 87.0% of overall population gains during this period.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and VIC State Government's Regional/LGA projections released in 2023 for areas not covered by the former data. Future population trends forecast a significant increase in Caulfield North's top quartile statistical area, with an expected rise to around 24,740 persons by 2041, reflecting a total increase of 5,086 persons over those 17 years.

AreaSearch assessment of residential development activity positions Caulfield North among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers in Caulfield North shows an average of approximately 218 new dwelling approvals per year over the past five financial years, totalling around 1,091 homes. As of FY-26, 11 approvals have been recorded. The average number of new residents per year per dwelling constructed between FY-21 and FY-25 is 0.9. This indicates that new construction is meeting or exceeding demand, providing more options for buyers and potentially enabling population growth to surpass current expectations.

The average value of new properties under construction is $1,205,000, suggesting a focus on the premium segment by developers. In FY-26, commercial approvals worth $48.2 million have been registered, indicating high levels of local commercial activity. Compared to Greater Melbourne, Caulfield North has 94.0% more development activity per person, significantly above the national average and suggesting robust developer interest in the area. New building activity comprises approximately 14.0% standalone homes and 86.0% attached dwellings, reflecting a trend towards denser development to cater to downsizers, investors, and entry-level buyers. This shift marks a notable change from the current housing composition of 36.0% houses in Caulfield North, potentially indicating decreasing availability of developable sites and adapting to evolving lifestyles and housing needs. With around 92 people per dwelling approval, Caulfield North exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, the area is projected to add approximately 4,958 residents by 2041.

Given current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers and potentially enabling population growth that exceeds forecasts.

Caulfield North has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Infrastructure changes significantly influence an area's performance. AreaSearch identified 41 projects likely impacting the region. Notable initiatives include Caulfield Village - Stage 9219-229 Balaclava Road Mixed-Use Development, Caulfield Village, and Caulfield Station Upgrade. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The employment landscape in Caulfield North shows performance that lags behind national averages across key labour market indicators

Caulfield North has a highly educated workforce with professional services being strongly represented. The unemployment rate was 4.0% as of June 2025, which is 0.6% lower than Greater Melbourne's rate of 4.6%.

Workforce participation in Caulfield North is similar to Greater Melbourne's 64.1%. Employment among residents is concentrated in professional & technical services, health care & social assistance, and education & training. Notably, employment levels in professional & technical services are at 1.7 times the regional average while construction shows lower representation at 5.1% compared to the regional average of 9.7%. The area appears to offer limited local employment opportunities as indicated by the count of Census working population versus resident population.

Over a 12-month period ending June 2025, employment in Caulfield North increased by 0.0%, while labour force grew by 1.3%, causing unemployment rate to rise by 1.2 percentage points. In comparison, Greater Melbourne saw employment grow by 3.5%, labour force expand by 4.0%, and unemployment rise by 0.5 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest potential future demand within Caulfield North. These projections estimate that national employment will expand by 6.6% over five years and 13.7% over ten years, with growth rates differing significantly between industry sectors. Applying these industry-specific projections to Caulfield North's employment mix suggests local employment should increase by 7.5% over five years and 15.0% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's aggregation of ATO data for financial year 2022 shows Caulfield North had a median income among taxpayers of $67,081 and an average level of $118,556. Nationally, these figures place Caulfield North in the top percentile. In Greater Melbourne, median and average incomes were $54,892 and $73,761 respectively. Based on Wage Price Index growth from financial year 2022 to September 2025 (an increase of 12.16%), current estimates for Caulfield North would be approximately $75,238 (median) and $132,972 (average). The 2021 Census ranks household, family, and personal incomes in Caulfield North between the 78th and 88th percentiles nationally. Income analysis reveals that 28.0% of residents earn between $1,500 - 2,999 weekly (5,223 individuals), similar to the regional average of 32.8%. A significant portion, 37.0%, earns over $3,000 weekly, supporting premium retail and services. Housing accounts for 14.8% of income, with residents ranking in the 79th percentile for disposable income. The area's SEIFA income ranking places it in the 9th decile.

Caulfield North displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

Caulfield North's dwelling structures in the latest Census showed 36.2% houses and 63.8% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 47.8% houses and 52.1% other dwellings. Home ownership in Caulfield North was 32.2%, with mortgaged dwellings at 26.7% and rented ones at 41.0%. The median monthly mortgage repayment was $2,500, higher than Melbourne metro's average of $2,396. Median weekly rent was $422, compared to Melbourne metro's $435. Nationally, Caulfield North's mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.

Caulfield North features high concentrations of group households and lone person households, with a lower-than-average median household size

Family households constitute 62.4% of all households, including 26.6% couples with children, 28.1% couples without children, and 6.6% single parent families. Non-family households account for the remaining 37.6%, with lone person households at 31.3% and group households comprising 6.3%. The median household size is 2.3 people, which is smaller than the Greater Melbourne average of 2.5.

Caulfield North shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Caulfield North is significantly higher than broader benchmarks. 58.1% of residents aged 15 and above hold university qualifications, compared to 30.4% nationally and 33.4% statewide (Victoria). Bachelor degrees are the most common at 37.2%, followed by postgraduate qualifications at 16.3% and graduate diplomas at 4.6%. Vocational pathways account for 17.9% of qualifications among those aged 15 and above, with advanced diplomas at 9.8% and certificates at 8.1%.

Educational participation is high, with 31.9% of residents currently enrolled in formal education. This includes 10.7% in tertiary education, 8.0% in primary education, and 7.3% pursuing secondary education. Caulfield North's five schools have a combined enrollment of 1,315 students as of the latest data. The area demonstrates above-average socio-educational conditions with an ICSEA score of 1092. The educational mix includes one primary school, one secondary school, and three K-12 schools. Local school capacity is limited at 7.0 places per 100 residents compared to the regional average of 14.1, leading many families to travel to nearby areas for schooling. Note: where schools show 'n/a' for enrolments, please refer to the parent campus.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis indicates 72 active transport stops operating within Caulfield North. These comprise a mix of train, light rail, and bus services. Eight individual routes serve these stops, collectively providing 4376 weekly passenger trips.

Transport accessibility is rated excellent, with residents typically located 162 meters from the nearest stop. Service frequency averages 625 trips per day across all routes, equating to approximately 60 weekly trips per individual stop.

Caulfield North's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics shows strong performance throughout Caulfield North. Prevalence of common health conditions across all age groups is very low. Private health cover rate is exceptionally high at approximately 73% of the total population (13,695 people), compared to 65.2% across Greater Melbourne and 55.3% nationally.

The most common medical conditions are mental health issues and asthma, impacting 7.2 and 6.5% respectively. 74.1% declare themselves completely clear of medical ailments, similar to the 74.0% in Greater Melbourne. 18.9% of residents are aged 65 and over (3,525 people), higher than the 16.8% in Greater Melbourne. Health outcomes among seniors align with the general population's health profile.

Caulfield North is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Caulfield North has a high level of cultural diversity, with 27.4% of its population speaking a language other than English at home and 38.0% born overseas. The predominant religion in Caulfield North is Judaism, making up 44.0% of the population, compared to 17.5% across Greater Melbourne. Regarding ancestry, the top three groups are Other (22.0%), Australian (18.3%), and English (14.8%).

Notably, Polish (7.4%) is overrepresented in Caulfield North compared to the regional average of 3.1%. Similarly, Russian (2.6%) and South African (2.5%) groups are also more prevalent than their respective regional averages of 2.2% and 1.4%.

Caulfield North's population is slightly younger than the national pattern

Caulfield North has a median age of 37, which is equal to Greater Melbourne's figure and comparable to Australia's median age of 38 years. The 15-24 age group constitutes 15.6% of Caulfield North's population, higher than Greater Melbourne's percentage. Conversely, the 35-44 cohort makes up 12.2%, lower than Greater Melbourne's figure. Between 2021 and present, the 15-24 age group has increased from 12.8% to 15.6% of Caulfield North's population, while the 75-84 cohort grew from 5.2% to 6.5%. During this period, the 65-74 cohort decreased from 10.6% to 9.3%. By 2041, demographic projections indicate significant shifts in Caulfield North's age structure, with the 45-54 group expected to grow by 39%, adding 832 people to reach a total of 2,940 from the current figure of 2,107.