Caroline Springs at a glance
25,151
People
$795,000
Median sale
$532/wk
Median rent
3.48%
Suburb gross yield
Median sale from 149 recorded sales (last 12 months) — a Districts calculation.
VIC › Caroline Springs › Springlake Ave
$982,500
Last sold
26 Mar 2026
5
Bedrooms
2
Bathrooms
2
Car spaces
704 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$982,500
26 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Caroline Springs (last 5 years) with land size have a median of $1,850/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Caroline Springs at a glance
25,151
People
$795,000
Median sale
$532/wk
Median rent
3.48%
Suburb gross yield
Median sale from 149 recorded sales (last 12 months) — a Districts calculation.
Vs Caroline Springs
+23.6%
Median sale
Suburb $795,000
-0.66 pp
Gross yield
Suburb 3.48%
Suburb median $795,000 from 149 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $532/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Caroline Springs at a glance
25,151
People
$795,000
Median sale
$532/wk
Median rent
3.48%
Suburb gross yield
Median sale from 149 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by YPA Caroline SpringsOffered to the market for the very first time, this exceptional residence is superbly positioned in one of Caroline Springs' most tightly held and sought-after pockets. Set on an expansive 704m² (approx.) allotment, this beautifully maintained family home delivers the perfect balance of space, practicality and lifestyle. Thoughtfully designed for growing families, the versatile floorplan showcases multiple living zones, generous accommodation and seamless indoor-outdoor integration-creating a home that is both functional and inviting. With public transport, picturesque parklands, quality schools, Caroline Springs Town Centre and direct access to the Western Freeway just moments away, the location offers outstanding convenience alongside a relaxed suburban lifestyle.
Property Highlights
• Expansive master retreat complete with walk-in robe and private ensuite featuring a spa bath
• Four additional spacious bedrooms, ideal for large or extended families
• Elegant formal lounge and dining positioned at the front of the home - perfect for entertaining or a peaceful retreat
• Well-appointed open-plan kitchen overlooking the meals and family domain
• Kitchen equipped with ample storage, 900mm gas cooktop, rangehood, wall oven, dishwasher and double sink
• Centrally located family bathroom with separate shower and bathtub
• Generous rumpus room providing an additional living or entertainment zone
• Year-round comfort with ducted heating, evaporative cooling, multiple ceiling fans and four water tanks
• Covered alfresco area ideal for outdoor dining and gatherings
• Beautifully landscaped front and rear gardens offering space for children and pets to enjoy
• Double remote-controlled garage with convenient drive-through access
• The potential rental income is $33,892.86 per annum ($650.00 per week) with always a strong demand for this location
Combining generous proportions, multiple living areas and an unbeatable location, this is a rare opportunity to secure a quality family home that offers space to grow and a lifestyle to love.
(Photo ID is Required at all Open For Inspections, Prior to Entry)
At YPA Caroline Springs "Our Service Will Move You"
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent/agency. Garden images are artist's impression and are for illustrative purposes only.
Listing description written by Andrew Migliorisi, YPA Caroline Springs — reproduced as published, not verified by Districts.