5 Colac Place, Caroline Springs, VIC 3023 sold on 10 May 2025 | OnTheHouse
SOLD
Sold on 10 May 2025 for $930,000

5 Colac Place
Caroline Springs VIC 3023

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Save

Property Details for 5 Colac Pl, Caroline Springs

5 Colac Pl, Caroline Springs is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 2000. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 5 bedroom House sold in Caroline Springs in the last 12 months.

Building Type
House
Year Built
2000
Local Government
Melton
Lot/Plan
387/PS503755

Last Listing description (December 2025)

Exceptional Family Home in Coveted Springlake Estate

Situated on a generous 867m² (approx.) in the prestigious Spring Lake Estate, this beautifully updated family home offers space, comfort, and versatility in an unbeatable location. Featuring four spacious bedrooms including a master with ensuite and walk-in robe, plus a study and a flexible fifth bedroom or second office/playroom/media room - this home caters perfectly to growing families.

Freshly painted throughout with brand new carpets in the bedrooms, the home includes tiled flooring to main areas, multiple living zones including a rumpus with fireplace, and an open-plan kitchen/meals/living area with stainless steel appliances, walk-in pantry, and sliding doors to a decked undercover area. Comfort is ensured year-round with new zoned smart Wi-Fi controlled reverse cycle

aircon, new 370L heat pump hot water system and more.

Outdoors, the property features a large garden shed, water tank, a double remote garage with internal access, drive-through side access to a huge shed/workshop, and ample room for parking a boat, caravan, or jet skis. Located close to Caroline Springs' parks, lakes, schools, transport, and shopping, this is a rare opportunity to secure a quality home in one of the area's most sought-after neighbourhoods.


DISCLAIMER: Scheduled Open for Inspection times may be changed and/or cancelled at any moment without notice.

Property History for 5 Colac Pl, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$930,000
10 May 2025
  • 28 Jul 2025
    Listed for Rent $800.00 pw
  • 11 Dec 2019
    Listed for Rent $510 Per Week
  • 23 Mar 2018
    Sold for $790,000
Sign in to see more transactions
Commute Calculator

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 8,947 properties. Over the last 5 years, Houses in Caroline Springs have seen a 24.24% increase in median value, while Units have seen a 13.41% increase. As at 31 December 2025:

  • The median value for Houses in Caroline Springs is $840,395 while the median value for Units is $525,886.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 42 properties listed for sale, and 26 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 387 properties were sold in the past 12 months in Caroline springs.

Suburb Insights for Caroline Springs 3023

Market Insights
Caroline Springs Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Caroline Springs Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.