1 Elgar Lane, Caroline Springs, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

1 Elgar Lane
Caroline Springs VIC 3023

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 186m2
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Last updated 20 Jul 2026
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Property Details for 1 Elgar Lane, Caroline Springs

1 Elgar Lane, Caroline Springs is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 186m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Land Size
186m2
Local Government
Melton
Lot/Plan
312/PS415876

Last Listing description (December 2024)

Nestled in the heart of Caroline Springs, this charming double-storey home offers a perfect blend of comfort and convenience. Boasting two spacious bedrooms and a well-appointed bathroom, plus the added convenience of a second and third powder room, this residence is thoughtfully designed to cater to a relaxed lifestyle.

The inviting floor plan showcases a light-filled living area that seamlessly flows to the dining and kitchen spaces, ideal for both everyday living and entertaining guests. The kitchen is equipped with ample storage and bench space, providing practicality for those who love to cook.

Upstairs, you'll find two generously sized bedrooms with built-in wardrobes, offering privacy and comfort. The central bathroom is designed to be functional and stylish, ensuring all amenities are within easy reach.

A double garage adds significant value, providing secure parking for two vehicles along with additional storage space. Located in a sought-after pocket of Caroline Springs, this home is close to schools, parks, shopping, and transport options, making it a fantastic choice for first-home buyers, downsizers, or investors alike.

Property History for 1 Elgar Lane, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$524,000
06 Dec 2024
  • 06 Dec 2024
    Sold for $524,000
  • 13 Nov 2024
    Listed for Sale $520,000 - $550,000
  • 28 Sep 2007
    Sold for $76,000
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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 8,965 properties. Over the last 5 years, Houses in Caroline Springs have seen a 13.86% increase in median value, while Units have seen a 14.09% increase. As at 30 June 2026:

  • The median value for Houses in Caroline Springs is $826,131 while the median value for Units is $541,361.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 51 properties listed for sale, and 29 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 360 properties were sold in the past 12 months in Caroline springs.

Suburb Insights for Caroline Springs 3023

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Cotality Copyright and Legal Disclaimers about Property Data
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.