2/15 Masters St, Caulfield is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 842m2. While the property is not currently for sale or for rent, it was last sold in October 2013.
There are ground-floor apartments, and then there are ground-floor apartments with a courtyard like this. North-west facing, paved, private and much larger than expected, it extends the footprint in a way that changes how the home is used. A full outdoor setting fits comfortably, as would a herb garden, and a separate entertaining area. Whatever the occasion, the alfresco setting absorbs it.
The layout flows from the entry past the refurbished kitchen and generous dedicated meals area through to the living room, which is large enough to hold both a proper lounge set-up and a work-from-home station, with doors opening directly to the courtyard.
Both bedrooms are notably oversized. One includes mirrored robes and both are positioned for privacy. The bathroom has been updated with a glass-screened shower, laundry facilities and a mosaic feature strip between the shower recess and the mirrored vanity cupboard. A covered car space, split-system air conditioning and secure intercom entry complete the picture.
Ground floor means no lifts, no stairs and access straight outside, which is a practical advantage whether you're a first home buyer, young family, downsizer or investor.
Trams run from the end of the street, while Woolworths, Aldi, cafs, restaurants and local shops are all within walking distance. Princes Park and Booran Road Reserve are close by, along with Glenhuntly Village, the station and Caulfield Racecourse.
Bigger than many newer builds, boutique in scale, solid brick in construction, and an exceptionally smart buy.
The size of Caulfield is approximately 1.5 square kilometres. The population of Caulfield in 2016 was 5595 people. By 2021 the population was 5748 showing a population growth of 2.7% in the area during that time. The predominant age group in Caulfield is 20-29 years. Households in Caulfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield work in a professional occupation.In 2021, 65.00% of the homes in Caulfield were owner-occupied compared with 63.70% in 2016.
Caulfield has 3,247 properties. Over the last 5 years, Houses in Caulfield have seen a -1.25% decrease in median value, while Units have seen a -5.38% decrease. As at 31 March 2026:
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