How Much is My Home Worth in Caroline Springs?
The median price for a house in Caroline Springs is $623,000 as of March 28, 2019. a median-priced unit is $458,000. In the past year, there has been 339 houses and 19 units sold. The average annual capital growth for houses is 6.63% and units is 4.46%. The 12-month capital growth is 0.00% on houses and 9.88% for units. The Demand to Supply Ratio or DSR rating has houses and units or apartments as good. This is a good rating. There is a healthy demand for property. This means demand is greater than supply but only marginally. Vendors are getting their asking price. As an investment expect the capital growth to be ahead of the national average.
House prices and rent returns in Caroline Springs.
- 2 bedroom home $596,000 Rent per week $370
- 3 bedroom home $585,000 Rent per week $400
- 4 bedroom home $680,000 Rent per week $460
Unit prices and rent returns in Caroline Springs.
- 2 bedroom unit $424,000 Rent per week $370
- 3 bedroom unit $475,000 Rent per week $400
The gross rental yield for Caroline Springs is 3.58% for houses and 4.34% for units. It takes on average 47 days to sell a house and 64 days to sell a unit.
Free Real Estate Appraisal Caroline Springs
Selling your house or investment property in Caroline Springs? Our real estate agents will provide a free appraisal on any type of property including land, units, apartments and houses. We base our market price of recent sales data in the region. We also factor in the proximity to all amenities including schools and shops. Our valuations are very accurate and usually reflect what sort of return you will get from your property.
Free Rental Appraisal Caroline Springs
Do you have an investment property you wish to rent? Or, are you thinking of renting out your existing home? Our property management team will deliver a free rental appraisal to determine your expectant weekly rent return. The O’Brien Real Estate Group collectively manage over 3600 properties. We are experts in property management. We utilise the latest software to manage inspections, rent collection and tax accounting files.
Elevated view of Caroline Springs
Recent Sold Homes in Caroline Springs
Browse our list of recently sold homes in Caroline Springs and surrounding suburbs.
Lifestyle in Caroline Springs
Caroline Springs is located 25 kilometres west from the Melbourne business district. Kororoit Creek runs through the centre of the suburb. Its neighbouring suburbs include Taylors Hill, Burnside and Rockbank. There are the Central and Cs Square shopping centres. Also toy will find a number of sporting facilities.
Schools in Caroline Springs
There are 5 schools in Caroline Springs.
- Caroline Springs College Co-educational
- Christ The Priest Primary School Co-educational
- Mowbray College Private
- St George Preca School Co-educational
- Catholic Regional College Co-educational