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 3.8% and has experienced a 12-month capital growth of Up 7.0%, with a median house buy price of $801,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$792,500
$748,000
$876,250
$801,500
Suburb Market Profile
Last month Caroline Springs had 61 properties available for rent and 86 properties for sale. Median property prices over the last year range from $801,500 for houses to $494,000 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 4.7%. Caroline Springs has seen an annual compound growth rate of 7.0% for houses and -1.2% for units.
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