OFF MARKET

7 Lorimer Street
Caroline Springs VIC 3023

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 214m2
Land area: 312m2
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Property Details for 7 Lorimer St, Caroline Springs

7 Lorimer St, Caroline Springs is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 312m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
2015
Floor Size
214m2
Land Size
312m2
Local Government
Melton
Lot/Plan
415/PS637686

Last Listing description (October 2023)

Set in a beautiful location in the much-desired Esplanade Estate, this warm and inviting property represents the epitome of family living. Take advantage of the beautiful surroundings this special home provides with its perfectly positioned location made for convenient living. Being located within walking distance to Lake Caroline, Caroline Springs Shopping Centre, quality primary and secondary schools, child care, public transport and so much more - it is clear to see why all families dream of purchasing in this location.

Features Include:
? Master bedroom showcasing a walk-in wardrobe, balcony access and ensuite with double vanity, double shower and quality fittings

? Additional three spacious bedrooms with built-in wardrobes
? Separate front formal lounge
? Open plan kitchen is located perfectly to incorporate the large meals and living area allowing ample space for entertaining
? Kitchen complete with ample cupboard space, walk-in pantry, caesar stone bench tops, 900mm free standing oven with gas cooktop, range hood and dishwasher
? Central bathroom with bathtub, shower and quality fittings
? Ducted heating, evaporative cooling, reverse cycle split system unit, alarm system, timber floorboards, electric roller shutters, three toilets including downstairs powder room, water tank and low maintenance landscaped gardens
? Alfresco area with blinds
? Double car garage on remote with internal access
? The potential rental income is $28,678.57 per annum ($550.00pw) with always a strong demand for this location.

Property History for 7 Lorimer St, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$781,000
16 Sep 2023
  • 16 Sep 2023
    Sold for $781,000
  • 18 Aug 2023
    Listed for Sale SOLD $781,000
  • 17 Mar 2012
    Sold for $547,500
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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 8,889 properties. Over the last 5 years, Houses in Caroline Springs have seen a 21.44% increase in median value, while Units have seen a 12.53% increase. As at 31 October 2024:

  • The median value for Houses in Caroline Springs is $764,711 while the median value for Units is $516,497.
  • Houses have a median rent of $525 while Units have a median rent of $480.
There are currently 87 properties listed for sale, and 26 properties listed for rent in Caroline springs on OnTheHouse. According to CoreLogic's data, 340 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.