CAROLINE SPRINGS 3023
State: VICPosiProp AI Investment Summary
CAROLINE SPRINGS (VIC 3023) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Up 6.9%, with a median house buy price of $791,250. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$735,000
$725,000
$892,000
$791,250
Suburb Market Profile
Last month Caroline Springs had 61 properties available for rent and 91 properties for sale. Median property prices over the last year range from $791,250 for houses to $502,500 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 3.6% and units rent for $500 PW with a rental yield of 4.5%. Caroline Springs has seen an annual compound growth rate of 6.9% for houses and 0.5% for units.