1 Wallace Place, Caroline Springs, VIC 3023 | House for sale | OnTheHouse
FOR SALE
$940,000

1 Wallace Place
Caroline Springs VIC 3023

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Land area: 751m2
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A Lifestyle of Comfort, Character & Endless Possibilities On 751m2 of Prime Land

Set proudly on an impressive 751sqm (approx.) corner allotment in one of Caroline Springs' most established and family-friendly pockets lies this home designed for growing families, effortless entertaining, and creating lasting memories.
This beautifully maintained residence combines generous proportions, multiple living zones, and outstanding outdoor spaces with a warm and welcoming atmosphere that immediately feels like home.
Perfectly positioned moments from the beautiful Springlake precinct, residents can enjoy lakeside walking trails, local cafés, restaurants, parklands, schools, shopping centres, and medical facilities, all while benefiting from convenient access to Ballarat Road, the Western Freeway, and Caroline Springs Train Station - making daily commuting and family living exceptionally convenient.
From the moment you arrive, the home's north-facing orientation allows natural light to pour through the interiors, creating a bright and inviting feel.
At the front of the home, a dedicated study/home office provides the ideal space for those working remotely, running a business, or simply seeking a quiet retreat for study and productivity. A generous formal lounge creates a peaceful space to relax and unwind, while the expansive open-plan living and dining domain forms the true heart of the residence - a place where families can gather, entertain, and enjoy everyday moments together.
The well-appointed kitchen has been designed with both practicality and connection in mind, featuring ample cabinetry, and a central island bench overlooking the meals & living areas, creating a warm and welcoming setting for casual meals, morning coffees, and family celebrations alike.
Upstairs, the accommodation continues to impress with four generously sized bedrooms, including a spacious master complete with a walk-in robe and private ensuite. The additional bedrooms are serviced by an updated, modern central bathroom, while a versatile upstairs retreat offers the flexibility of another living area or study space.
Step outside and the lifestyle appeal truly comes to life. The expansive covered pergola and large timber deck create the perfect environment for year-round entertaining - whether it's hosting family barbecues, celebrating special occasions, or simply enjoying peaceful afternoons outdoors. Surrounded by established gardens and greenery, the backyard offers a relaxed sense of privacy and space rarely found.
Adding further practicality, the property features a drive-through triple garage with extensive off-street parking for additional vehicles, making it ideal for tradespeople, trailers, boats, caravans, or growing families needing extra space.
Comfort has been carefully considered throughout the home, with features including ducted gas heating, evaporative cooling, gas hot water service, insulation, security alarm system, E-screens, and block-out blinds - all contributing to year-round comfort, privacy, and energy efficiency.
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Property Details for 1 Wallace Pl, Caroline Springs

1 Wallace Pl, Caroline Springs is a 4 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 751m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
House
Land Size
751m2
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About Caroline Springs 3023

The size of Caroline Springs is approximately 8.4 square kilometres. There are 50 parks, covering nearly 21.4% of the total area. The population of Caroline Springs in 2016 was 24205 people. By 2021 the population was 24488 showing a population growth of 1.2% in the area during that time. The predominant age group in Caroline Springs is 40-49 years. Households in Caroline Springs are primarily couples 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.In 2021, 75.10% of the homes in Caroline Springs were owner-occupied compared with 74.30% in 2016.

Caroline Springs has 8,969 properties. Over the last 5 years, Houses in Caroline Springs have seen a 10.95% increase in median value, while Units have seen a 12.40% increase. As at 31 July 2026:

  • The median value for Houses in Caroline Springs is $814,995 while the median value for Units is $539,777.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 56 properties listed for sale, and 26 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 358 properties were sold in the past 12 months in Caroline springs.

Suburb Insights for Caroline Springs 3023

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Nathan Hunt
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Declan Addison
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Harcourts Rata & Co
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.