OFF MARKET

242/73 Lake Street
Caroline Springs VIC 3023

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
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Property Details for 242/73 Lake St, Caroline Springs

242/73 Lake St, Caroline Springs is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
2014
Floor Size
90m2
Local Government
Melton
Lot/Plan
242/PS629715

Last Listing description (February 2024)

There is no finer way to experience the breathtaking beauty of the waterfront than from this 2 bedroom apartment. This luxurious apartment have an open plan living area which spills onto a large private "L" shaped balcony with lake views. A fully integrated kitchen with stainless steel appliances, stone kitchen bench-top and stylish tap ware and fittings. Located right on the Lake in Caroline Springs across the shopping complex. Close proximity and walking distance to park and reserve, shops, schools and public transport. Call now for an inspection!

Property History for 242/73 Lake St, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$495,000
03 Jun 2020
Listed for Rent
$430/w
22 Apr 2022
  • 08 Jan 2024
    Listed for Rent $520 / week
  • 20 Apr 2022
    Listed for Rent $430 / week
  • 23 Jun 2020
    Listed for Sale $500,000 to $520,000
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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 8,910 properties. Over the last 5 years, Houses in Caroline Springs have seen a 28.59% increase in median value, while Units have seen a 13.24% increase. As at 31 July 2024:

  • The median value for Houses in Caroline Springs is $773,720 while the median value for Units is $513,873.
  • Houses have a median rent of $520 while Units have a median rent of $460.
There are currently 56 properties listed for sale, and 21 properties listed for rent in Caroline springs on OnTheHouse. According to CoreLogic's data, 332 properties were sold in the past 12 months in Caroline springs.

Suburb Insights for Caroline Springs 3023

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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.