7 Otago Loop

Caroline Springs VIC 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 8,891 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.