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

40 Otago Loop
Caroline Springs VIC 3023

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 278m2
Land area: 880m2
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Property Details for 40 Otago Loop, Caroline Springs

40 Otago Loop, Caroline Springs is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 880m2 and floor size of 278m2. While the property is not currently for sale or for rent, it was last sold in March 2010.

Building Type
House
Year Built
2011
Floor Size
278m2
Land Size
880m2
Local Government
Melton
Lot/Plan
133/PS633454

Last Listing description (April 2026)

Welcome to your new home at 40 Otago Loop, Caroline Springs! This stunning 4-bedroom house is now available for lease at an attractive price of $750 per week.

Featuring 2 modern bathrooms, this spacious property is perfect for anyone seeking extra room to grow. The open-plan living area flows seamlessly into the backyard, creating an inviting space for both relaxation and entertaining.
The well-designed kitchen boasts contemporary fixtures and ample storage, making meal preparation a breeze. Enjoy cozy evenings in the living room adorned with beautiful chandeliers and elegant home decor.

FEATURES:
- 4 Bedrooms
- 2 Bathrooms
- 2 Living rooms
- Heating & Cooling
- Double garage space
- Dishwasher
- Gas cooktop
- Covered alfresco
- Plantation Shutters

NEARBY SCHOOLS:
- Creekside K-9 College
- Lakeview Senior College

Don't miss out on the opportunity to make this property your new home.
Call 9974 0000 for all your enquires!
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Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the landlord or agent

Property History for 40 Otago Loop, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$275,000
18 Mar 2010
Listed for Rent
$750/w
07 Apr 2026
  • 07 Apr 2026
    Listed for Rent $750 / week
  • 18 Mar 2010
    Sold for $275,000
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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 8,961 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 53 properties listed for sale, and 22 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 395 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.