6/11 Commercial Road, Caroline Springs, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

6/11 Commercial Road
Caroline Springs VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9169m2
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Property Details for 6/11 Commercial Rd, Caroline Springs

Building Type
Commercial
Year Built
2014
Land Size
9169m2
Local Government
Melton
Lot/Plan
J/PS629715

Last Listing description (May 2023)

This ground level retail space with main road exposure is situated in the sought after location of Commercial Road, Caroline Springs.

The landlord is seeking an experienced food operator to take advantage of the well poised and positioned site with loads of potential. Well suited for food offering/restaurant etc (STCA).

Central to Caroline Springs and surrounding retailers including Caroline Springs Shopping Centre. Within walking distance to local transport, schools etc.

PROPERTY FEATURES:

- Heating & cooling
- Available now
- Modern building
- Central grease trap
- Main road exposure
- On site car parking
- Staff Amenities
- Zone: ONE - SCHEDULE 1 (CDZ1)
- Total area: 120 sqm*

(*Approx.)

For further information or to arrange an inspection, please call Salvatore Scavo at 0413 828 799

Property History for 6/11 Commercial Rd, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$420,000
30 Jun 2017
Listed for Rent
$1.44k/w
12 May 2023
  • 10 Feb 2023
    Listed for Rent $75,000 / year
  • 30 Jun 2017
    Sold for $420,000
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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 8,967 properties. Over the last 5 years, Houses in Caroline Springs have seen a 10.95% increase in median value, while Units have seen a 12.40% increase. As at 31 July 2026:

  • The median value for Houses in Caroline Springs is $814,995 while the median value for Units is $539,777.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 48 properties listed for sale, and 28 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 361 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.