38 Otago Loop, Caroline Springs, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

38 Otago Loop
Caroline Springs VIC 3023

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 305m2
Land area: 655m2
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Last updated 20 Apr 2026
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Property Details for 38 Otago Loop, Caroline Springs

38 Otago Loop, Caroline Springs is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 655m2 and floor size of 305m2. While the property is not currently for sale or for rent, it was last sold in January 2010.

Building Type
House
Year Built
2010
Floor Size
305m2
Land Size
655m2
Local Government
Melton
Lot/Plan
134/PS633454

Last Listing description (May 2023)

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This 4-bedroom, Metricon Built - The Byron a Signature Series home, is situated in the coveted Grange precinct of Caroline Springs, making it an ideal choice for a large family. It is conveniently located near public transport, parks, playgrounds, schools, and Caroline Springs Town Centre.

The master bedroom boasts ceiling fan, plantation shutters, an en-suite with two vanities, large shower, and a walk-in wardrobe with a shelving system , while the other three bedrooms have built-in mirror sliding door wardrobes and ceiling fans. The house also features a centrally located bathroom, a separate toilet with vanity basin, a modern kitchen with stainless steel 900mm appliances, a dishwasher, and a large walk-in butlers pantry.

The open-plan meals and family area, formal lounge with plantation shutters, a second lounge and theatre room both with wall mount split system air conditioners, provides ample space for entertaining and relaxing. The property also includes a double lock-up garage with remote control, established gardens, decked alfresco with lockable caf blinds and a good-sized rear yard.

Additional features of this home include 2 split system air conditioners and gas ducted heating, video intercom, and floating floors.
The property requires an inspection before rental applications can be processed, and it is located in a preferred neighbourhood near a beautiful park and close to all amenities.

Property History for 38 Otago Loop, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$283,000
31 Jan 2010
Listed for Rent
$690/w
17 May 2023
  • 21 Apr 2023
    Listed for Rent $690 / week
  • 31 Jan 2010
    Sold for $283,000
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About Caroline Springs 3023

The size of Caroline Springs is approximately 8.4 square kilometres. It has 50 parks covering nearly 21.4% of 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 8,962 properties. Over the last 5 years, Houses in Caroline Springs have seen a 20.67% increase in median value, while Units have seen a 6.32% increase. As at 31 March 2026:

  • The median value for Houses in Caroline Springs is $842,332 while the median value for Units is $515,385.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 51 properties listed for sale, and 26 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 402 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.