Caroline Springs Suburb Profile
Victoria 3023

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Caroline Springs has 8,916 properties. Over the last 5 years, Houses in Caroline Springs have seen a 19.89% increase in median value, while Units have seen a 5.72% increase. As at 30 November 2024:

  • The median value for Houses in Caroline Springs is $764,679 while the median value for Units is $517,610.
  • Houses have a median rent of $530 while Units have a median rent of $480.
There are currently 67 properties listed for sale, and 25 properties listed for rent in Caroline springs on OnTheHouse. According to CoreLogic's data, 352 properties were sold in the past 12 months in Caroline springs.

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.

Suburb Insights for CAROLINE SPRINGS 3023

Market Insights
Caroline Springs Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Caroline Springs Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 24,215

0-9

 

18%

10-19

 

16%

20-29

 

11%

30-39

 

18%

40-49

 

18%

50-59

 

9%

60-69

 

6%

70-79

 

3%

80-89

 

1%

Household Structure
Occupancy

Last Updated: 18/12/2024

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.