Caroline Springs, VIC 3023
Compare Part of Melton
21.49 km
Distance from Melbourne CBD
15 k
Population
Auction Times
Sat 20 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 16 Holmes Way 3 1 1 House | 11:00 AM Sat 20th Apr | Raine & Horne Diggers Rest |
 | 9 Parkin Avenue 4 2 2 House | 12:00 PM Sat 20th Apr | Sweeney Estate Agents |
 | 13 The Close 4 3 6 House | 1:00 PM Sat 20th Apr | Harcourts Deer Park/Cairnlea |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | $920,000 | 352 |
| 2013 | $440,000 | +3.4% | $285,000 | $980,000 | 433 |
| 2014 | $455,000 | +3.3% | $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 | 261 |
| 2020 | $650,000 | +4.6% | $340,000 | $1,450,000 | 213 |
| 2021 | $720,000 | +9.7% | $400,000 | $2,350,000 | 316 |
| 2022 | $760,000 | +5.3% | $425,000 | $3,000,000 | 316 |
| 2023 | $735,000 | -3.4% | $475,000 | $2,400,000 | 252 |
| 2024 | $730,000 | -0.7% | $450,000 | $1,500,000 | 76 |
Median Sale Price
$733K
Based on 267 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
-2.3%
Current Median Price: $733,000
Previous Median Price: $750,000
Based on 537 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | 499 |
| 2016 | $390 | +1.3% | $220 | $1,651 | 434 |
| 2017 | $410 | +4.9% | $305 | $850 | 371 |
| 2018 | $420 | +2.4% | $310 | $800 | 361 |
| 2019 | $430 | +2.3% | $335 | $850 | 392 |
| 2020 | $430 | 0.0% | $335 | $2,000 | 325 |
| 2021 | $430 | 0.0% | $340 | $700 | 409 |
| 2022 | $435 | +1.1% | $330 | $1,100 | 399 |
| 2023 | $480 | +9.4% | $330 | $1,200 | 314 |
| 2024 | $525 | +8.6% | $420 | $750 | 65 |
Median Rent Price
$510
per week
Based on 268 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+13.7%
Current Median Rent: $510
Previous Median Rent: $440
Based on 643 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $733,000
Current Median rent: $510
Based on 535 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Caroline Springs
Houses sold in Last 12 months ends 13 Apr 2024
$700K
Median Sale Price
86%
Clearance Rate
61/71
Sold/Reported
$2.01M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M | 10 | |
| $600 K - $800 K (Median Price Range) | 29 | |
| $400 K - $600 K | 13 | |
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 |