Skip to main content

Caulfield East vs Moonee Ponds

Property investment comparison - Caulfield East, VIC 3145 vs Moonee Ponds, VIC 3039

Head-to-head across core investment metrics: Caulfield East wins 2, Moonee Ponds wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCaulfield EastMoonee Ponds
Median house price$1.6M$1.6M
Median unit price$370K-
Gross rental yield (houses)2.83%-
Gross rental yield (units)6.11%4.89%
1-year house growth+0.4%+3.1%estimate
3-year house growth+10.2%-
Vacancy rate1.0%1.3%
Population1,29316,224

Caulfield East vs Moonee Ponds: what the numbers say

The median house price is $1.6M in Caulfield East and $1.6M in Moonee Ponds, so Moonee Ponds is the cheaper entry point, with Caulfield East houses about 3% dearer.

Over the past year house prices moved +0.4% in Caulfield East and +3.1% in Moonee Ponds (an estimate), so recent momentum favours Moonee Ponds, although both suburbs recorded growth.

Rental vacancy is 1.0% in Caulfield East and 1.3% in Moonee Ponds, so landlords in Caulfield East face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Moonee Ponds is the bigger suburb, with a population of 16,224 against 1,293, roughly 13 times the size of Caulfield East; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Moonee Ponds for a lower purchase price, Moonee Ponds for recent price momentum, Caulfield East for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison