Market snapshot

Suburb insights for Caroline Springs3023

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Caroline Springs, located around 21?km west of Melbourne’s CBD, is one of the region’s most successful master-planned communities. With a central lake, landscaped parks, schools, shopping centres, and a strong community feel, it attracts families, professionals, and downsizers alike. Excellent road and bus connections to the city and surrounding areas make it a convenient and desirable place to live.

Recent sales and auction results in Caroline Springs

AddressBedroomsPriceTypeMethodSale DateAgentListing
37 Dobell Cr, Caroline Springs4PriceHouseSold Before Auction14/08/2025Barry PlantView
39 Hunts Cross Way, Caroline Springs3PriceHousePrivate Sale24/07/2025YPA Estate AgentsView

Sales data

Median sale price
$745k
Quarterly price change
-0.7%
Metro Melbourne Comparison
$924k
0.4%
BedroomsCaroline SpringsMetro comparison
2$552,500$890,000
3$675,000$815,000
4$857,500$950,000
InsightCaroline SpringsMetro comparison
Clearance rate87.5%79.5%
Days on market3939

Rental data

Median weekly rent
$545
Rental yield
3.8%
Metro Melbourne Comparison
$580
3.3%
BedroomsCaroline SpringsMetro comparison
2$450$580
3$510$550
4$590$600
Median data for the current quarter
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