16/20 Payne StreetCaulfield North VIC 3161
Property Details for 16/20 Payne St, Caulfield North
16/20 Payne St, Caulfield North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1327m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (December 2024)
Nestled at the end of a peaceful cul-de-sac, this elevated one-bedroom apartment is situated on the first floor and embraces leafy outlooks. Positioned at the corner of the block, the apartment features polished floorboards, enhancing its warm and inviting atmosphere. The living and dining area flows seamlessly into a functional kitchen. The well-proportioned bedroom is equipped with built-in robes and is serviced by an updated ensuite bathroom. Additional features include carport parking.
Currently rented for $390 per week, offering a phenomenal return of 7.5%. Enjoy the convenience of being moments from Caulfield Racecourse, Caulfield Park, public transport options, and Caulfield Station. Monash University and local cafes at Caulfield Plaza and Glen Huntly Road are also within walking distance.
Property History for 16/20 Payne St, Caulfield North, VIC 3161
- 28 Nov 2024Sold for $255,000
- 22 Oct 2024Listed for Sale Not Disclosed
- 27 Feb 2019Listed for Rent $275 / week
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About Caulfield North 3161
The size of Caulfield North is approximately 4.2 square kilometres. There are 4 parks, covering nearly 6.9% of the total area. The population of Caulfield North in 2016 was 15269 people. By 2021 the population was 16903 showing a population growth of 10.7% in the area during that time. The predominant age group in Caulfield North is 20-29 years. Households in Caulfield North are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield North work in a professional occupation.In 2021, 57.20% of the homes in Caulfield North were owner-occupied compared with 58.80% in 2016.
Caulfield North has 11,115 properties. Over the last 5 years, Houses in Caulfield North have seen a -10.29% decrease in median value, while Units have seen a -2.77% decrease. As at 30 June 2026:
- The median value for Houses in Caulfield North is $2,330,495 while the median value for Units is $696,758.
- Houses have a median rent of $990 while Units have a median rent of $640.
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