Caulfield North vs St Kilda East.
Comparing two suburbs with median house prices of $2,296,500 and $1,520,000.
St Kilda East (median $1,520,000) is roughly 51% cheaper to buy into than Caulfield North ($2,296,500).
On school quality, the average ICSEA across schools serving Caulfield North (1126) sits above St Kilda East (1116).
For buyers
St Kilda East is the lower entry point at $1,520,000 median, 51% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
St Kilda East offers the higher gross rental yield (1.35% vs 0.96%), favouring cash-flow investors.
For families
Caulfield North edges out on average school ICSEA (1126 vs 1116). Caulfield North also has a higher family-household share (62% vs 51%), so the catchment community skews family-heavy.
Common questions
Is Caulfield North or St Kilda East cheaper to buy in?
St Kilda East has the lower median house price at $1,520,000, roughly 51% below Caulfield North ($2,296,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Caulfield North or St Kilda East have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Caulfield North scores 1126 vs 1116 in St Kilda East. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Caulfield North or St Kilda East?
Gross rental yield on houses is 1.35% in St Kilda East vs 0.96% in Caulfield North. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Caulfield North against another suburb