Caroline Springs is a suburb of Melbourne, located within the City of Melton. Caroline Springs has an estimated population of 26,382 in 2018. The size of Caroline Springs is approximately 8.4 square kilometers. It has 10 parks covering nearly 3.8% of total area. It is a well-planned suburb with great facilities like walking & bike tracks, great schools, cafes and shopping centers. It is well connected with CS Square, and library. It is home to beautiful Caroline Springs Lake. It is one of the fastest growing suburbs in Melbourne.
The predominant age groups in Caroline Springs are 0-14 years and 35-44 years. Residents in Caroline Springs are primarily older couples, families and young families 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, trade or technical occupation and administrative occupation.
The property listings of Caroline Springs received 631 visits per month compared to 823 visits per property listings in last 12 months in VIC, which indicate that it has high demand in the area. Supply is indicated by the average number of listings per month. These statistics indicate the interest in the property.
79% of the properties are occupied by owners and rest 21% are rented. Average length of ownership is 9 years. The median sale price of the houses in the area is $608,500 and the median rent is $430 per week.
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