Is CAROLINE SPRINGS a good suburb for positive geared property investment in Australia?

CAROLINE SPRINGS in VIC currently features property rental yields up to 3.8% with a 12-month capital growth value of Up 8.6%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in CAROLINE SPRINGS 3023?

The median house price in CAROLINE SPRINGS 3023 is approximately $803,250 based on the latest tracked market indices.

Investment Spotlight • Australia

CAROLINE SPRINGS 3023

State: VIC

Updated: 5 August 2026

PosiProp AI Investment Summary

CAROLINE SPRINGS (VIC 3023) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of Up 8.6%, with a median house buy price of $803,250. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$890,000

Up 32.6% 3.9% Yield

3 house • buy

$749,800

Up 9.5% 3.9% Yield

4 house • buy

$867,500

Up 0.9% 3.7% Yield

all house • buy

$803,250

Up 8.6% 3.8% Yield

Suburb Market Profile

Last month Caroline Springs had 61 properties available for rent and 80 properties for sale. Median property prices over the last year range from $803,250 for houses to $495,000 for units. If you are looking for an investment property, consider houses in Caroline Springs rent out for $550 PW with an annual rental yield of 3.8% and units rent for $520 PW with a rental yield of 4.8%. Caroline Springs has seen an annual compound growth rate of 8.6% for houses and -1.0% for units.

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