OFF MARKET

247 Lake Street
Caroline Springs VIC 3023

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 247 Lake St, Caroline Springs

247 Lake St, Caroline Springs is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Melton

Last Listing description (May 2019)

Immediately adjacent to the water, conveniently close to Caroline Springs Town Centre shopping and transport, the location of this stylish, spacious c2014 apartment provides the perfect partner to its impressive proportions.

The luxury of a large living/dining area is complemented by elegant tiled floors, reverse cycle heating/cooling and seamless access to a beautiful, broad full-length balcony while an open-plan kitchen features a stone island bench and stainless steel appliances.


Two bedrooms, both enjoying built-in robes and a balcony outlook, and two bathrooms include a main bedroom served by a sparkling ensuite thats still as fresh as the day it was finished.

A separate laundry, hydronic heating and split system cooling, foxtel connectivity, secure basement garaging for one car, swift lift access and audio intercom security further enhance a sensational property whether enjoying or investing is your priority - in a premium Caroline Springs position.

Property History for 247 Lake St, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
  • 10 Apr 2019
    Listed for Sale Under Offer

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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.