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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 $699,000 and this has changed -0.15% over the past year and changed -0.15% over 2 years.

The median rent in Caroline Springs for houses is $520 per week and the median rental yield is 3.86%. Stock on the market for houses/townhouses has changed -16.84% compared to last year and the average time to sell a house/townhouse is 70 days.The median listing price for units is $450,000 and this has changed 5.88% over the past year. The average unit takes 118 days to sell and the median rent for a unit in Caroline Springs is $475 per week, producing a rental yield of 5.48%.

Supply & Demand in Caroline Springs, Melton

0.96%

Current vacancy rate


81

Rental stock available


24,209

Population


20.74%

Rental population


1.02%

Current vacancy rate


615

Rental stock available


135,440

Population


19.54%

Rental population


0.93%

Current vacancy rate


28,886

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 $699,000 $480,000 $450,000
Median price change - last quarter -0.22% -3.04% -1.10%
Median price change - 1 year -0.15% -4.00% 5.88%
Median price change - 2 years -0.15% -10.29% 4.65%
  House Townhouses Units
Median weekly rent $520 $480 $475
Median yield % 3.86% 5.20% 5.48%
Median rent change - 1 year 10.63% 11.62% 13.09%
  House Units
Previous month sales 25 2
Stock on market previous month 79 16
Stock variance vs. last year -16.84% 45.45%
Average days on market 70 118

Caroline Springs investment property listings

Showing 5 of 164 investment properties found in Caroline Springs on realestateinvestar.com.au

117/173 Caroline Springs Blvd, Caroline Springs

$536,000

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Lakeside Living with Stunning Views in the Heart of Caroline Spr

117/173 Caroline Springs Boulevard, Caroline Springs VIC 3023 2 Bedrooms | 2 Bathrooms | 1 Car Space | Dedicated Storage Room Perfectly positioned overlooking the tranquil waters of Lake Caroline, this stylish apartment delivers an exceptional lifestyle opportunity combining modern design, premium ...

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Unit

VIC 3023


6/69-77 Lancefield Dr, Caroline Springs

$499,000

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Prime Caroline Springs Location with Parkside Outlook

Adrian Sposato of Sweeney Estate Agents, Caroline Springs' number one real estate agent for four consecutive years, proudly presents this immaculate townhouse, offering a serene outlook and an exceptional low-maintenance lifestyle ideal for first home buyers, downsizers, or astute investors. ...

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Townhouse

VIC 3023


3 Brookside Ct, Caroline Springs

$870,000

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Family-Sized Living in a Court Location with Schools at Your Doo

Set on a generous 617m² (approx.) allotment in a quiet court, this expansive five-bedroom residence delivers an outstanding combination of space, flexibility, and an unbeatable family-focused location. Positioned directly alongside multiple schools and parklands, and just moments from local ...

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House

VIC 3023


12 Lauffre Walk, Caroline Springs

$720,000

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Luxury Renovated Beauty in a Quiet Neighborhood

*** Please register your interest with Adrian Sposato on 0419 464 629 or Freddy Lay on 0415 082 375 for this property so that we can ensure you are included in the auction should there be a last minute change. Thank you *** Adrian Sposato of Sweeney Estate Agents, Caroline Springs' number one real ...

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House

VIC 3023


17 Dunstall Gardens, Caroline Springs

$800,000

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Contemporary Family Living.

Positioned within a quiet and established pocket of Caroline Springs, this beautifully maintained residence delivers the perfect blend of spacious family living, modern comfort and outstanding outdoor entertaining. Thoughtfully designed with a flowing single-level layout, the home offers ...

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House

VIC 3023


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