223/173 Lake St, Caroline Springs, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

Lake Street
Caroline Springs VIC 3023

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 21 Sep 2026
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Property Details for 223/173 Lake St, Caroline Springs

223/173 Lake St, Caroline Springs is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Melton

Last Listing description (October 2024)

***PLEASE CONTACT AGENT WHEN YOU HAVE ARRIVED TO LET YOU IN***

Located on the second floor with lift access, we welcome and present to you this bright modern apartment suitable for first home buyers, retirees & astute investors alike looking for that perfect lifestyle!

Features Include:

- Master bedroom showcases balcony access, built-in wardrobe and ensuite with floor to ceiling tiles, stone bench and quality fittings
- An additional spacious bedroom with a built-in wardrobe and balcony access
- Kitchen complete with ample cupboard space, 40mm caeser stone bench top, caeser stone and mirror glass splash back, gas cook top, electric oven, range hood, dishwasher and double sink
- The kitchen is located perfectly to incorporate the meals and family area leading out to the balcony
- Central bathroom with floor to ceiling tiles, stone bench top and quality fittings
- Reverse cycle split system unit, high ceilings, square set cornices, floating floorboards, two toilets, video intercom, European laundry, storage room, key-tag access to the building and so much more
- Single car space, intercom entry to the lobby as well as CCTV security cameras
- The potential rental income is $24,507.14 per annum or $470 per week (approximately) with always a strong demand for this location

All in close vicinity to quality primary and secondary schools, parklands, Lake Caroline, public transport, Caroline Springs Town Centre, cafes, restaurants and Caroline Springs train station.

(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.

Property History for 223/173 Lake St, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
  • 22 May 2024
    Listed for Sale SOLD $515,000
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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 8,969 properties. Over the last 5 years, Houses in Caroline Springs have seen a 8.31% increase in median value, while Units have seen a 7.19% increase. As at 31 August 2026:

  • The median value for Houses in Caroline Springs is $803,313 while the median value for Units is $540,948.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 54 properties listed for sale, and 25 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 334 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.