247 Lake Street, Caroline Springs, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

247 Lake Street
Caroline Springs VIC 3023

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 29 Jun 2026
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Property Details for 247 Lake St, Caroline Springs

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

Building Type
Unit
Local Government
Melton

Last Listing description (May 2019)

Immediately adjacent to the water, conveniently close to Caroline Springs Town Centre shopping and transport, the location of this stylish, spacious c2014 apartment provides the perfect partner to its impressive proportions.

The luxury of a large living/dining area is complemented by elegant tiled floors, reverse cycle heating/cooling and seamless access to a beautiful, broad full-length balcony while an open-plan kitchen features a stone island bench and stainless steel appliances.


Two bedrooms, both enjoying built-in robes and a balcony outlook, and two bathrooms include a main bedroom served by a sparkling ensuite thats still as fresh as the day it was finished.

A separate laundry, hydronic heating and split system cooling, foxtel connectivity, secure basement garaging for one car, swift lift access and audio intercom security further enhance a sensational property whether enjoying or investing is your priority - in a premium Caroline Springs position.

Property History for 247 Lake St, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
  • 10 Apr 2019
    Listed for Sale Under Offer
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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 8,958 properties. Over the last 5 years, Houses in Caroline Springs have seen a 16.20% increase in median value, while Units have seen a 7.90% increase. As at 31 May 2026:

  • The median value for Houses in Caroline Springs is $834,541 while the median value for Units is $520,663.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 60 properties listed for sale, and 27 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 384 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.