16/69-77 Lancefield Drive, Caroline Springs, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

16/69-77 Lancefield Drive
Caroline Springs VIC 3023

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 16/69-77 Lancefield Dr, Caroline Springs

16/69-77 Lancefield Dr, Caroline Springs is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Year Built
2014
Local Government
Melton
Lot/Plan
16/PS641743

Last Listing description (December 2024)

High Returning Investment Property | Best Priced 3 Bedroom Residence In Town!

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Welcome to your dream home in Caroline Springs - where comfort, convenience, and investment potential converge seamlessly!

Nestled in the heart of Caroline Springs, these two properties offer a quintessential blend of modern living and prime location.

Property Highlights:

Ideal Layout: Suit your lifestyle needs. With three bedrooms and two bathrooms, this home offers ample space for relaxation, entertainment, and privacy.

Spacious Garage: Enjoy the convenience of a spacious garage, providing secure parking for your vehicles and additional storage space for your belongings. Whether you're a car enthusiast, outdoor adventurer, or simply need room for your hobbies, this garage offers versatility and functionality.

Prime Location: Situated in the coveted Caroline Springs neighborhood, this property enjoys proximity to the main center, ensuring you're just minutes away from an array of amenities. From shopping centers and dining options to recreational facilities and green spaces, everything you need is within reach.

Unbeatable Convenience: Experience the ease of living in Caroline Springs' best pocket, where every convenience is at your doorstep. Whether it's a quick grocery run, a leisurely stroll in the park, or enjoying a meal at a nearby restaurant, you'll appreciate the unparalleled convenience this location offers.

High Rental Yield: Looking for an investment opportunity? Look no further. With a high gross rental yield of 5.47%*, this property presents a lucrative investment option that promises both stability and growth potential. Take advantage of Caroline Springs' thriving rental market and enjoy consistent returns on your investment.

Why Choose This Property?

Lifestyle: Experience the epitome of modern living with a layout designed for comfort and functionality.
Location: Enjoy the convenience of being minutes away from Caroline Springs' main center, with everything you need within easy reach.
Schools: Walking Distance to Caroline Springs highly sought-after Schools (Approximately 50* meters or less)
Investment Potential: Capitalize on the high rental yield and strong demand for properties in this sought-after area, ensuring long-term financial security and growth.

Don't miss out on the opportunity to make this your new home or investment property. Contact us today to schedule a viewing and secure your slice of Caroline Springs paradise!

Property History for 16/69-77 Lancefield Dr, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$435,000
15 Jan 2018
  • 14 Jul 2024
    Listed for Sale $480,000 - $500,000 Accepting Offers
  • 17 Jan 2023
    Listed for Rent $430
  • 24 Dec 2021
    Listed for Rent $399 per week
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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 54 properties listed for sale, and 32 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 371 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.