FOR SALE
$480,000 - $500,000 Accepting Offers

16/69-77 Lancefield Drive
Caroline Springs VIC 3023

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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High Returning Investment Property | Best Priced 3 Bedroom Residence In Town!

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Welcome to your dream home in Caroline Springs - where comfort, convenience, and investment potential converge seamlessly!
Nestled in the heart of Caroline Springs, these two properties offer a quintessential blend of modern living and prime location.
Property Highlights:
Ideal Layout: Suit your lifestyle needs. With three bedrooms and two bathrooms, this home offers ample space for relaxation, entertainment, and privacy.
Spacious Garage: Enjoy the convenience of a spacious garage, providing secure parking for your vehicles and additional storage space for your belongings. Whether you're a car enthusiast, outdoor adventurer, or simply need room for your hobbies, this garage offers versatility and functionality.
Prime Location: Situated in the coveted Caroline Springs neighborhood, this property enjoys proximity to the main center, ensuring you're just minutes away from an array of amenities. From shopping centers and dining options to recreational facilities and green spaces, everything you need is within reach.
Unbeatable Convenience: Experience the ease of living in Caroline Springs' best pocket, where every convenience is at your doorstep. Whether it's a quick grocery run, a leisurely stroll in the park, or enjoying a meal at a nearby restaurant, you'll appreciate the unparalleled convenience this location offers.
High Rental Yield: Looking for an investment opportunity? Look no further. With a high gross rental yield of 5.47%*, this property presents a lucrative investment option that promises both stability and growth potential. Take advantage of Caroline Springs' thriving rental market and enjoy consistent returns on your investment.
Why Choose This Property?
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Property Details for 16/69-77 Lancefield Dr, Caroline Springs

16/69-77 Lancefield Dr, Caroline Springs is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with The Avenue Property Co.

Building Type
House

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About Caroline Springs 3023

The size of Caroline Springs is approximately 8.4 square kilometres. It has 50 parks covering nearly 21.4% of total area. The population of Caroline Springs in 2011 was 20,366 people. By 2016 the population was 24,215 showing a population growth of 18.9% in the area during that time. The predominant age group in Caroline Springs is 0-9 years. Households in Caroline Springs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caroline Springs work in a professional occupation. In 2011, 79% of the homes in Caroline Springs were owner-occupied compared with 74.3% in 2016.

Caroline Springs has 8,898 properties. Over the last 5 years, Houses in Caroline Springs have seen a 21.44% increase in median value, while Units have seen a 12.53% increase. As at 31 October 2024:

  • The median value for Houses in Caroline Springs is $764,711 while the median value for Units is $516,497.
  • Houses have a median rent of $525 while Units have a median rent of $480.
There are currently 94 properties listed for sale, and 26 properties listed for rent in Caroline springs on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Caroline springs.

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Suburb Insights for Caroline Springs 3023

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Brandonlee Paredes
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George Bornyan
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The Avenue Property Co
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