
Nestled in the heart of Melbourne’s inner southeast, Elsternwick and Caulfield are two highly sought-after suburbs that offer a unique blend of urban sophistication, historical charm, and a strong sense of community. If you’re searching for a dynamic lifestyle with excellent amenities, these suburbs might just be your perfect fit.
What’s inside?
Key Suburb Insights

Aerial View Of Caulfield Racecourse
- Buzzing Village Vibe: Elsternwick and Caulfield enjoy a vibrant village atmosphere thanks to their bustling main streets – Glenhuntly Road and Hawthorn Road. Here, you’ll find a diverse range of cafes, restaurants, boutique stores, and essential services.
- Historical Charm: Both suburbs boast heritage-listed buildings and leafy streetscapes, adding a touch of timeless elegance. Caulfield, in particular, is renowned for its beautiful period homes and tree-lined avenues.
- Prime Location: Located just a stone’s throw from the CBD, Elsternwick and Caulfield offer incredible connectivity. Residents enjoy easy access to trams, trains, and major roadways, making commutes a breeze. Also Read: Best Suburbs for Families in Melbourne in 2024
- Excellent Education: These suburbs are highly regarded for their top-notch educational facilities. Families are spoiled for choice with renowned public and private schools, including Caulfield Grammar School and Shelford Girls’ Grammar.
- Parks and Recreation: Both suburbs offer ample opportunities for outdoor leisure. Elsternwick Park, Caulfield Park, and the picturesque Ripponlea Estate provide green oases for picnics, sports, and relaxation.
Real Estate Trends
Elsternwick and Caulfield remain highly desirable areas, reflected in their strong property market. According to recent data, the median house price in Elsternwick exceeds $2 million, while Caulfield boasts a median house price of around $2.5 million. These suburbs offer a mix of period homes, modern apartments, and townhouses, catering to diverse tastes and budgets.
Elsternwick: Where Old-World Charm Meets Modern Flair

Embrace Sophistication at EVA Apartments, Elsternwick
Elsternwick’s undeniable allure lies in its eclectic mix of architectural styles. Stately Victorian-era homes sit comfortably alongside chic apartment blocks, showcasing the suburb’s evolution. This diversity extends to its atmosphere, where a sense of history mingles with a contemporary buzz.
- Glenhuntly Road: Elsternwick’s Beating Heart: This bustling thoroughfare pulses with life. Globally inspired eateries, including some of Melbourne’s finest Japanese and Middle Eastern restaurants, offer a culinary adventure. Foodies will feel right at home here! Don’t miss the delis and grocery stores for gourmet ingredients to recreate those restaurant favorites in your own kitchen.
- A Touch of Culture: The Classic Cinema stands as a testament to Elsternwick’s appreciation for the arts. This beloved arthouse cinema screens a curated selection of independent, classic, and foreign films, fostering a community of film enthusiasts.
- Vintage Treasures: Those with a penchant for unique finds will adore Elsternwick’s collection of vintage clothing stores and antique shops. Treasure hunting along Glenhuntly Road is a delightful way to spend an afternoon.
Caulfield: Suburban Serenity with a Vibrant Edge

Live the dream at The Reverie, Caulfield
While Caulfield exudes a more tranquil energy compared to Elsternwick, it certainly isn’t short on charm or amenities. Here, tree-lined streets, spacious parks, and a focus on community create a welcoming environment.
- Caulfield Racecourse: A Melbourne Icon: Beyond thrilling horse racing events, the racecourse provides a sprawling green space for picnics, leisurely strolls, or a game of footy with friends. It’s a central hub for recreation in the suburb.
- Neighborhood Hubs: Smaller shopping strips dot Caulfield, offering cozy cafes, bakeries, and essential services. The relaxed atmosphere here encourages you to slow down and connect with the local community.
- Sports Enthusiasts Rejoice: Caulfield is home to numerous sporting clubs, tennis courts, and well-maintained ovals, catering to everyone from casual players to competitive athletes.
- Monash University: A Student Presence: The Caulfield campus of Monash University injects a youthful energy into the suburb. It brings a diverse population and a range of student-friendly cafes and hangouts.
Lifestyle and Real Estate in Elsternwick & Caulfield
The lifestyle allure of these suburbs is reflected in their property market. Both Elsternwick and Caulfield consistently rank highly for livability, attracting buyers seeking quality homes in well-connected locations. While the median house prices exceed the Melbourne average, the range of apartments and townhouses provides more accessible entry points.
- Transportation Paradise: With multiple tram lines, train stations, and easy access to major roadways, getting around is effortless. Whether you commute to the CBD or explore surrounding areas, Elsternwick and Caulfield put you in a prime position. Is April a Good Time to Buy/Sell in Melbourne?
- Green Spaces Galore: Caulfield Park and Elsternwick Park are just two examples of the ample green spaces residents enjoy. Add in the meticulously manicured Rippon Lea Estate, and there’s always an idyllic spot for picnics, relaxation, or a bit of exercise.