OFF MARKET

25 Commercial Road
Caroline Springs VIC 3023

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 9168m2
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Property Details for 25 Commercial Rd, Caroline Springs

25 Commercial Rd, Caroline Springs is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 9168m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last transferred in June 2015.

Building Type
Unit
Year Built
2014
Floor Size
122m2
Land Size
9168m2
Local Government
Melton
Lot/Plan
A/PS629715

Last Listing description (March 2019)

Brand New apartment in an ideal location, featuring open plan kitchen with gas appliances and dishwasher, dining and lounge, Split system heating and cooling spacious bedrooms with BIR's. Glass doors opening out to the large balcony with exquisite view, plus under cover parking. The facility includes, in house gym, private function room, elevator plus various shops below the apartment. All this just a stones throw from Caroline Springs Shopping Centre.

Property History for 25 Commercial Rd, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Transferred
02 Jun 2015
Listed for Rent
$390/w
15 Mar 2019
  • 01 Mar 2019
    Listed for Rent $390 / week
  • 31 Mar 2017
    Listed for Sale From $499,000
  • 02 Jun 2015
    Transferred

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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.