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 |
|---|---|---|---|---|---|---|---|
| 9/1 Dargi Green, Caroline Springs | 3 |  | Townhouse | Private Sale | 8/07/2026 | Sweeney | View |
| 14 Woodbury Av, Caroline Springs | 4 |  | House | Passed in at Auction | 17/07/2026 | One Agency Carlo Puglia Property | View |
Sales data
Median sale price
$840k
Quarterly price change
6.7%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Caroline Springs | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $735,000 | $872,000 |
| 4 | $889,000 | $990,000 |
| Insight | Caroline Springs | Metro comparison |
|---|---|---|
| Clearance rate | 59.1% | 68.8% |
| Days on market | 36 | 42 |
Rental data
Median weekly rent
$530
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Caroline Springs | Metro comparison |
|---|---|---|
| 2 | $480 | $600 |
| 3 | $520 | $560 |
| 4 | $600 | $600 |
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