5 Caravel Lane, Caroline Springs, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

5 Caravel Lane
Caroline Springs VIC 3023

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 175m2
Land area: 203m2
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Property Details for 5 Caravel Lane, Caroline Springs

5 Caravel Lane, Caroline Springs is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 203m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
2011
Floor Size
175m2
Land Size
203m2
Local Government
Melton
Lot/Plan
223/PS636260

Last Listing description (June 2025)

This stylish sanctuary is ideally positioned in the prestigious "The Esplanade" estate & will impress with its class, style & brilliant location. When luxury & lifestyle are your requirements, this house will fit the bill!* Comprising 4 generous bedrooms & 3 bathrooms.* Downstairs master features W.I.R,/ ensuite & lake views.* Stunning studio/4th bedroom above the garage with separate stair case, ensuite & kitchenette, ideal for a games room/ retreat.* Spotless kitchen with stone bench tops, walk in pantry, glass splash back & SS appliances including oven, dishwasher, gas hotplates.* Adjoining spacious meals with custom cabinetry.* Huge family area with raked ceiling & bar* Large balcony with breath taking views of lake Caroline, perfect for entertaining or simply lazing away the day with a cool beverage & book.* Double remote garage with storage.* Outside offers a large decked area.* Also featuring; timber floor boards, raked ceilings ,video intercom, 3 split system.* Within close proximity of all amenities this vibrant location has to offer including Lakes, schools, public transport, CS Square, shops, West Water precinct & restaurants.Register your interest with Diana from Sweeney Estate Agents to view!

Property History for 5 Caravel Lane, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$1,150,000
10 Feb 2022
Listed for Rent
$680/w
02 Jun 2025
  • 13 May 2025
    Listed for Rent $680 / week
  • 17 Mar 2022
    Listed for Rent $650 / week
  • 10 Feb 2022
    Sold for $1,150,000
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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 8,946 properties. Over the last 5 years, Houses in Caroline Springs have seen a 24.45% increase in median value, while Units have seen a 16.87% increase. As at 30 November 2025:

  • The median value for Houses in Caroline Springs is $835,401 while the median value for Units is $549,172.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 53 properties listed for sale, and 21 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 377 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.