Market snapshot
Suburb insights for Caroline Springs3023
Change suburbCaroline Springs, located around 21 km west of Melbourne’s CBD, is one of the region’s most successful master-planned communities. With a central lake, landscaped parks, schools, shopping centres, and a strong community feel, it attracts families, professionals, and downsizers alike. Excellent road and bus connections to the city and surrounding areas make it a convenient and desirable place to live.
Recent sales and auction results in Caroline Springs
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 11 Catani Mews, Caroline Springs | 3 |  | House | Private Sale | 14/12/2025 | Sweeney | View |
| 147/73 Lake St, Caroline Springs | 2 |  | Apartment | Private Sale | 14/12/2025 | Barry Plant | View |
Sales data
Median sale price
$840k
Quarterly price change
6%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Caroline Springs | Metro comparison |
|---|---|---|
| 2 | - | $940,000 |
| 3 | $706,000 | $851,000 |
| 4 | $861,000 | $970,000 |
| Insight | Caroline Springs | Metro comparison |
|---|---|---|
| Clearance rate | 75.7% | 77.8% |
| Days on market | 35 | 36 |
Rental data
Median weekly rent
$530
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Caroline Springs | Metro comparison |
|---|---|---|
| 2 | $485 | $585 |
| 3 | $510 | $550 |
| 4 | $600 | $600 |
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