SOLD
RECENT ADVICE
Sold on 16 Dec 2024 for $524,000

1 Elgar Lane
Caroline Springs VIC 3023

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 186m2
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Property Details for 1 Elgar Lane, Caroline Springs

1 Elgar Lane, Caroline Springs is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 186m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom House sold in Caroline Springs in the last 12 months.

Building Type
House
Land Size
186m2
Local Government
Melton
Lot/Plan
312/PS415876

Last Listing description (December 2024)

Nestled in the heart of Caroline Springs, this charming double-storey home offers a perfect blend of comfort and convenience. Boasting two spacious bedrooms and a well-appointed bathroom, plus the added convenience of a second and third powder room, this residence is thoughtfully designed to cater to a relaxed lifestyle.

The inviting floor plan showcases a light-filled living area that seamlessly flows to the dining and kitchen spaces, ideal for both everyday living and entertaining guests. The kitchen is equipped with ample storage and bench space, providing practicality for those who love to cook.

Upstairs, you'll find two generously sized bedrooms with built-in wardrobes, offering privacy and comfort. The central bathroom is designed to be functional and stylish, ensuring all amenities are within easy reach.

A double garage adds significant value, providing secure parking for two vehicles along with additional storage space. Located in a sought-after pocket of Caroline Springs, this home is close to schools, parks, shopping, and transport options, making it a fantastic choice for first-home buyers, downsizers, or investors alike.

Property History for 1 Elgar Lane, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$524,000
16 Dec 2024
  • 16 Dec 2024
    Sold for $524,000
  • 13 Nov 2024
    Listed for Sale $520,000 - $550,000
  • 28 Sep 2007
    Sold for $76,000

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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 8,916 properties. Over the last 5 years, Houses in Caroline Springs have seen a 19.89% increase in median value, while Units have seen a 5.72% increase. As at 30 November 2024:

  • The median value for Houses in Caroline Springs is $764,679 while the median value for Units is $517,610.
  • Houses have a median rent of $530 while Units have a median rent of $480.
There are currently 66 properties listed for sale, and 25 properties listed for rent in Caroline springs on OnTheHouse. According to CoreLogic's data, 352 properties were sold in the past 12 months in Caroline springs.

Suburb Insights for Caroline Springs 3023

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Barry Plant Caroline Springs
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.