12 Teak Street, Caulfield South VIC 3162
12 Teak Street, Caulfield South VIC 3162
Four-bedroom two-storey house | classic family layout | sought-after street position | likely school-zone appeal | larger than typical local stock
What stands out here is the configuration. A four-bedroom, two-storey detached house on Teak Street sits above the common three-bedroom attached stock that dominates much of the local market. That alone gives it a rare edge for family buyers who want space without moving further out. The listing material points to a classically inspired façade and a well-presented interior with natural light and indoor-outdoor flow, which suggests the property has been maintained with care. It has been held by the original owners for roughly 26 years, so the condition and any updates are worth verifying, but the longevity of ownership often signals a solidly built home in a genuinely liveable street. This property serves buyers who are prioritising school zones, family living, and a house that can be occupied immediately rather than renovated.
The value picture may hinge on how the interior compares to modern expectations. A 26-year ownership period might mean original kitchens or bathrooms, and while the presentation is described as strong, buyers should weigh the cost of any updates against the asking price. The lack of confirmed land size and internal floor area means the true per-square-metre value is unclear, so a physical inspection becomes important. The street’s mix of houses and townhouses could also influence price, depending on whether the property offers more land or simply more building. Buyers should also consider that the two-storey layout, while spacious, may not suit everyone, and the exact school catchment for this specific address should be confirmed before relying on it.
|| Comparable Sales: 23 Teak St sold at $1.43M; 36 Teak St sold at $1.81M | Property Price Band: $1.4M–$1.6M | Value Drivers: four-bedroom detached configuration, presentation and condition, street position within a sought-after pocket
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Teak Street, Caulfield South VIC 3162
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Caulfield South is an established inner suburb, dominated by Australian-born professionals aged 40-49 with degrees and high household incomes, plus a strong Jewish community. Demand comes from affluent families and owner-occupiers; 48% of owners have mortgages, so rate sensitivity is a risk. House prices are elevated but mixed: the latest median is $1.87m with 8.6% annual growth, though another series shows $1.8m and a 5.6% quarterly fall; values range from $1.72m to $2.035m. Units are stronger, at $919,000 with 13.6% growth, or $830,000 in a secondary measure. Houses average 37-53 days on market, with 155 sales, up 7.6%. Weekly rents are $950 for houses and $685 for units; gross yields around 3.2% for houses and 4.3% for units. Future growth is supported by professional-family demand, but affordability and mortgage leverage are key constraints.
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PropCred Estimated Value
Comparable Sales: 23 Teak St sold at $1.43M; 36 Teak St sold at $1.81M | Property Price Band: $1.4M–$1.6M | Value Drivers: four-bedroom detached configuration, presentation and condition, street position within a sought-after pocket
Bedrooms
4
Bathroom
2
Parking
3
Land
304m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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