Caroline Springs, VIC 3023

Caroline Springs, VIC 3023

Compare Part of Melton

21.49 km
Distance from CBD
15 k
Population
Median Sale Price
House
$665K
Updated on Aug 2020
2 BR
$515K
3 BR
$600K
4 BR
$700K
Unit
$480K
Updated on Aug 2020
1 BR
-
2 BR
$465K
3 BR
$490K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$369,000
0.0% $280 $717,000 325
2010
$420,000
+12.1% $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
$527,000
+8.9% $302,000 $1,275,000 407
2017
$600,000
+12.2% $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
$660,000
+6.1% $340,000 $1,450,000 149
Median Sale Price
$660K
Based on 215 recorded sales within the last 12 months
Updated on 2 Oct 2020
Suburb Growth
+9.1%
Current Median Price: $660,000
Previous Median Price: $600,000
Based on 478 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2020)
Price Range Segments (12 months ending Sep 2020)
Median Weekly Rent Price
House
$420
Updated on Aug 2020
2 BR
$370
3 BR
$400
4 BR
$460
Unit
$390
Updated on Aug 2020
1 BR
$295
2 BR
$385
3 BR
$399
4 BR
$480
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 $800 497
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 $850 387
2020
$430
+1.2% $340 $2,000 200
Median Rent Price
$425
per week
Based on 275 recorded rent within the last 12 months
Updated on 2 Oct 2020
Rent Price Growth
+1.2%
Current Median Rent: $425
Previous Median Rent: $420
Based on 666 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $660,000
Current Median rent: $425
Based on 490 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2020)

Auction Results For Caroline Springs

Houses sold in Last 12 months ends 26 Sep 2020

$650K

Median Sale Price

79%

Clearance Rate

44/56

Sold/Reported

$1.83M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.8 M - $2 M 1
$800 K - $1 M 6
$600 K - $800 K
(Median Price Range)
24
$400 K - $600 K 13

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