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 |
|---|---|---|---|---|---|---|---|
| 20/2-10 Monckton Pl, Caroline Springs | 2 |  | Apartment | Sold Before Auction | 28/09/2026 | My Agent Real Estate | View |
| 7 Waterford Cl, Caroline Springs | 4 |  | House | Sold Before Auction | 24/09/2026 | Main Road Real Estate |
Sales data
Median sale price
$795k
Quarterly price change
-4.8%
Metro Melbourne Comparison
$943k
-0.7%
| Bedrooms | Caroline Springs | Metro comparison |
|---|---|---|
| 2 | - | $930,500 |
| 3 | $740,000 | $870,000 |
| 4 | $895,000 | $990,000 |
| Insight | Caroline Springs | Metro comparison |
|---|---|---|
| Clearance rate | 61.1% | 69.4% |
| Days on market | 42 | 45 |
Rental data
Median weekly rent
$540
Rental yield
3.4%
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | Caroline Springs | Metro comparison |
|---|---|---|
| 2 | $485 | $615 |
| 3 | $520 | $570 |
| 4 | $600 | $600 |
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