34 Emma Street, Caulfield South VIC 3162
34 Emma Street, Caulfield South VIC 3162
Freestanding 4-bed on 650m² | School-zone family location | Multiple living zones plus study | Renovated presentation | Mixed streetscape and townhouse infill
A freestanding house of this size is rarely found in a suburb where much of the recent supply has been built as townhouse development. The 650m² allotment, combined with two expansive levels, multiple living zones, a study, and a double garage with workshop, is positioned at the larger, more family-oriented end of local stock. Its placement within a sought-after primary school zone is considered a functional advantage for families wanting a long-term home. Through the renovated presentation, with new carpet, ducted heating and cooling, and a covered timber deck, it has been made ready to occupy without immediate work. It is best suited to buyers who need space and indoor-outdoor flexibility rather than those seeking a low-maintenance lock-and-leave product.
Some uncertainty is left by the unconfirmed build year and orientation. Perceived consistency may be affected by the street’s mix of houses and townhouses, which could matter to prestige buyers. Compliance risk is reduced by the absence of overlays, and utility is enhanced by the rear garden and workshop. Functional breadth should be weighed against infill pressure nearby.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Emma Street, Caulfield South VIC 3162
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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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: 14 Emma Street sold $2.15M; 13B Emma Street townhouse sold $1.996M | Property Price Band: $2.1M-$2.3M | Value Drivers: land size, school zone, renovated condition
Bedrooms
4
Bathroom
2
Parking
2
Land
650m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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