SOLD
RECENT ADVICE
Sold on 05 Oct 2024 for $579,000

5 Madras Lane
Caroline Springs VIC 3023

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 300m2
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Property Details for 5 Madras Lane, Caroline Springs

5 Madras Lane, Caroline Springs is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 300m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Caroline Springs in the last 12 months.

Building Type
House
Land Size
300m2
Local Government
Melton
Lot/Plan
184/PS415813

Last Listing description (October 2024)

ON OFFER:
with all the hard work done and located in quiet court location with natural surroundings, this well appointed cottage style home is perfect for first home buyers, young families, retirees or investors. This sensational residence showcasing free flowing floor plan and plenty of natural light is an opportunity not to be missed. Offering
3 bedrooms, master bedroom with WIR and access to 2 way central bathroom, other 2 bedrooms with BIRs, formal entry leading through hallway to fully equipped well maintained kitchen with plenty of bench and cupboards space overlooking spacious open plan family and meals area. Step outside to undercover area with fully landscaped backyard space perfect for outdoor entertaining all year round.

Also featuring remote controlled single car lock up carport with extended roof perfect for parking multiple vehicles which can also be used as a huge undercover outdoor entertaining area (the choice is yours), ducted heating, split cooling throughout the house, electric roller shutters to all the windows and doors providing extra security, landscaped front yard fully fenced, storage shed perfect for storing tools and the list goes on...
Situated across parklands and within very close proximity to all the public amenities such as Spring lake shopping center, Bunnings and all other major utilities stores, public transport, Caroline Springs train station, cafes & restaurants and with an easy access to major roads/fwy/hwy, makes this one a true winner!
An inspection is highly recommended!
Photo ID is required at inspections!

THE DEAL:
Onsite Auction - 5th October @ 1:30PM
Indicative selling range: $500,000 - $550,000(unless sold prior)
Terms: Minimum deposit of 5% up to 10% with flexible settlement of 30/60 or 90 days

THE CONTACT:
Kelvin Singh - 0433 801 097
kelvin.singh@carolinesprings.rh.com.au

If your purchase depends on the sale of your current property or you would like to obtain a free market appraisal for your property, please feel free to contact Kelvin Singh at 0433 801 097.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. The images used can be for illustrative purpose only. It is advised that the purchaser should do their own due diligence prior to purchase.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligence

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Property History for 5 Madras Lane, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$579,000
05 Oct 2024
Listed for Rent
$400/w
30 Jul 2020
  • 05 Oct 2024
    Sold for $579,000
  • 09 Sep 2024
    Listed for Sale OPPORTUNITY KNOCKS!!
  • 14 Feb 2022
    Listed for Sale $549,000-$589,000
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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 8,912 properties. Over the last 5 years, Houses in Caroline Springs have seen a 23.57% increase in median value, while Units have seen a 15.76% increase. As at 30 September 2024:

  • The median value for Houses in Caroline Springs is $763,479 while the median value for Units is $525,854.
  • Houses have a median rent of $520 while Units have a median rent of $470.
There are currently 73 properties listed for sale, and 26 properties listed for rent in Caroline springs on OnTheHouse. According to CoreLogic's data, 339 properties were sold in the past 12 months in Caroline springs.

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Kelvin Singh
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Vladimir Orellana
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