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Investment Property Caroline Springs, VIC, 3023

Suburb Snapshot

Caroline Springs is a suburb in the Melton Region of Victoria. Caroline Springs has a population of 24,209 people and 20.74% of its occupants live in rental accommodation. The median listing price for houses is $700,000 and this has changed 0.00% over the past year and changed 0.00% over 2 years.

The median rent in Caroline Springs for houses is $460 per week and the median rental yield is 3.41%. Stock on the market for houses/townhouses has changed 3.49% compared to last year and the average time to sell a house/townhouse is 67 days.The median listing price for units is $430,000 and this has changed 0.00% over the past year. The average unit takes 99 days to sell and the median rent for a unit in Caroline Springs is $420 per week, producing a rental yield of 5.07%.

Supply & Demand in Caroline Springs, Melton

0.72%

Current vacancy rate


61

Rental stock available


24,209

Population


20.74%

Rental population


0.75%

Current vacancy rate


446

Rental stock available


135,440

Population


19.54%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Caroline Springs, Melton

  House Townhouses Units
Median listing price $700,000 $500,000 $430,000
Median price change - last quarter 1.44% -1.97% 0.00%
Median price change - 1 year 0.00% -4.77% 0.00%
Median price change - 2 years 0.00% 6.38% 1.17%
  House Townhouses Units
Median weekly rent $460 $425 $420
Median yield % 3.41% 4.42% 5.07%
Median rent change - 1 year 6.97% 1.19% 6.32%
  House Units
Previous month sales 5 0
Stock on market previous month 89 15
Stock variance vs. last year 3.49% 7.14%
Average days on market 67 99

Caroline Springs investment property listings

Showing 5 of 72 investment properties found in Caroline Springs on realestateinvestar.com.au

4 & 16/77-79 Lancefield Dr, Caroline Springs

$480,000

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Your Dream 3 Bedroom home of Endless memories, Highly Sought aft

Welcome to your dream home in Caroline Springs - where comfort, convenience, and investment potential converge seamlessly! Nestled in the heart of Caroline Springs, these two properties offer a quintessential blend of modern living and prime location. Property Highlights: Ideal Layout: Choose from ...

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Townhouse

VIC 3023


15 Aberfeldie Way, Caroline Springs

$1,050,000

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ONE BEDROOM & SHOWER DOWNSTAIRTS- JUST WALK UPTO CS SQUARE/SCHOO

(4 Bedrooms including one bedroom downstairs with attached shower, Lounge, separate Dining area, Master Bed with Study nook & a private Balcony, Massive backyard and walking distance from the schools/shops) One of the finest ZEGO building systems craftsmanship from their top shelf design has just ...

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House

VIC 3023


24 The Ave, Caroline Springs

$900,000

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Contemporary Elegance

This stunning open-plan north facing residence is a perfect blend of style and functionality, featuring modern amenities that will elevate your living experience. With sleek finishes, spacious living areas, and abundant natural light, this home is designed for both comfort and luxury for your ...

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House

VIC 3023


25 Streeton Ave, Caroline Springs

$550,000

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Invest or Enjoy

Onsite Auction Saturday 11th May 2024 at 12:30pm Welcome to this charming 3-bedroom, 2-bathroom home located in the heart of Caroline Springs, within the sought-after Northgate Estate. With its classic design and thoughtful layout, this property presents a perfect blend of comfort, style, and ...

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House

VIC 3023


34 Bursaria Dr, Caroline Springs

$750,000

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Pure comfort, perfect lifestyle position

Standing out with its eye catching style, array of living spaces and low maintenance class, this quality built double storey residence has that edge all families desire. Perfectly nestled in a quiet pocket of The Epslanade Estate, enjoy the walks around Lake Caroline, or treat yourself to one of ...

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House

VIC 3023


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