Market snapshot
Suburb insights for Caroline Springs3023
Change suburbCaroline 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 48 Bursaria Dr, Caroline Springs | 4 |  | House | Passed in at Auction | 12/12/2025 | Ray White West Realty | |
| 63 The Parkway , Caroline Springs | 4 |  | House | Sold Before Auction | 8/12/2025 | Main Road Real Estate | |
| 11 Creekview Pl, Caroline Springs | 3 |  | House | Private Sale | 4/12/2025 | Sweeney | View |
| 27 St Georges Av, Caroline Springs | 4 |  | House | Sold Before Auction | 2/12/2025 | Q6 Real Estate | View |
| 8 Gisborne Way, Caroline Springs | 4 |  | House | Private Sale | 1/12/2025 | Sweeney | View |
| 5 Orrong Pde, Caroline Springs | 3 |  | House | Private Sale | 1/12/2025 | Sweeney | View |
Sales data
Median sale price
$790k
Quarterly price change
6%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Caroline Springs | Metro comparison |
|---|---|---|
| 2 | $537,000 | $910,000 |
| 3 | $691,000 | $830,000 |
| 4 | $857,500 | $951,500 |
| Insight | Caroline Springs | Metro comparison |
|---|---|---|
| Clearance rate | 74.1% | 81.4% |
| Days on market | 37 | 36 |
Rental data
Median weekly rent
$540
Rental yield
3.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Caroline Springs | Metro comparison |
|---|---|---|
| 2 | $465 | $580 |
| 3 | $510 | $550 |
| 4 | $600 | $600 |
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