Caroline Springs, VIC 3023
Compare Part of Melton
21.49 km
Distance from Melbourne CBD
15 k
Population
Auction Times
Sat 24 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 21 Lancefield Drive 4 2 2 House | 10:30 AM Sat 24th Apr | Sahara Real Estate |
 | 24/79 Lancefield Drive 3 2 2 Townhouse | 11:00 AM Sat 24th Apr | Barry Plant |
Sat 1 May | Auction Time | Agency | |
|---|---|---|---|
 | 4/19-21 The Avenue 3 2 1 House | 11:00 AM Sat 1st May | YPA Estate Agents |
 | 1 Grampians Way 5 2 2 House | 12:30 PM Sat 1st May | First National Real Estate D & K |
 | 12 Northampton Crescent 4 3 4 House | 5:00 PM Sat 1st May | Taylors Real Estate Agents |
Median Sale Price
House
$650K
Updated on Feb 2021
2 BR $560K | 3 BR $591K | 4 BR $688K |
Unit
$480K
Updated on Feb 2021
1 BR - | 2 BR $414K | 3 BR $498K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $370,000 | 0.0% | $280 | $717,000 | 325 |
| 2010 | $420,000 | +11.9% | $187,000 | $960,000 | 403 |
| 2011 | $440,000 | +4.5% | $302,000 | $830,000 | 276 |
| 2012 | $425,000 | -3.5% | $172,000 | $888,000 | 352 |
| 2013 | $435,000 | +2.3% | $285,000 | $980,000 | 433 |
| 2014 | $455,000 | +4.4% | $295,000 | $1,190,000 | 435 |
| 2015 | $480,000 | +5.2% | $305,500 | $1,600,000 | 449 |
| 2016 | $530,000 | +9.4% | $302,000 | $1,275,000 | 407 |
| 2017 | $600,000 | +11.7% | $330,000 | $1,325,000 | 349 |
| 2018 | $620,000 | +3.2% | $1,000 | $1,360,000 | 340 |
| 2019 | $620,000 | 0.0% | $400,000 | $1,750,000 | 260 |
| 2020 | $650,000 | +4.6% | $340,000 | $1,450,000 | 212 |
| 2021 | $670,000 | +3.0% | $520,000 | $2,350,000 | 84 |
Median Sale Price
$652K
Based on 226 recorded sales within the last 12 months
Updated on 18 Apr 2021
Suburb Growth
+2.6%
Current Median Price: $652,000
Previous Median Price: $635,000
Based on 487 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$420
Updated on Mar 2021
2 BR $375 | 3 BR $400 | 4 BR $460 |
Unit
$380
Updated on Mar 2021
1 BR $295 | 2 BR $380 | 3 BR $390 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $360 | 0.0% | $280 | $850 | 328 |
| 2012 | $360 | 0.0% | $200 | $771 | 350 |
| 2013 | $370 | +2.7% | $270 | $795 | 481 |
| 2014 | $375 | +1.3% | $135 | $2,000 | 409 |
| 2015 | $385 | +2.6% | $150 | $800 | 498 |
| 2016 | $390 | +1.3% | $220 | $1,651 | 434 |
| 2017 | $400 | +2.5% | $305 | $850 | 371 |
| 2018 | $420 | +4.8% | $310 | $800 | 361 |
| 2019 | $425 | +1.2% | $335 | $850 | 389 |
| 2020 | $430 | +1.2% | $340 | $2,000 | 315 |
| 2021 | $420 | -2.4% | $350 | $680 | 91 |
Median Rent Price
$420
per week
Based on 305 recorded rent within the last 12 months
Updated on 18 Apr 2021
Rent Price Growth
-1.2%
Current Median Rent: $420
Previous Median Rent: $425
Based on 666 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $652,000
Current Median rent: $420
Based on 531 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)
Auction Results For Caroline Springs
Houses sold in Last 12 months ends 17 Apr 2021
$642K
Median Sale Price
96%
Clearance Rate
116/122
Sold/Reported
$2.1M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.4 M - $1.6 M | 1 | |
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 18 | |
| $600 K - $800 K (Median Price Range) | 59 | |
| $400 K - $600 K | 34 | |
Similar Suburbs to Caroline Springs 3023
Based on median house sale price sold in last 12 months
Schools closest to Caroline Springs, VIC 3023
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Brookside P-9 College | FEDERATION WAYCaroline Springs 3023 | Combined | Government | 0.56 km |
| Christ the Priest Catholic Primary School | Caroline Springs 3023 | Primary | Catholic | 0.53 km |
| Creekside K-9 College | THE CROSSINGCaroline Springs 3023 | Combined | Government | 0.8 km |
| Lakeview Senior College | COLLEGE STREETCaroline Springs 3023 | Secondary | Government | 1.12 km |
| Catholic Regional College Caroline Springs | 10-28 COLLEGE STREETCaroline Springs 3023 | Secondary | Catholic | 1.39 km |
| Ibrahim Dellal Campus | Sunshine West 3020 | Combined | Independent | 1.69 km |
| Emmanuel College | Point Cook 3030 | Secondary | Independent | 1.74 km |
| Kororoit Creek Primary School | 130 TENTERFIELD DRIVEBurnside Heights 3023 | Primary | Government | 1.79 km |