Caroline Springs Local Market Report June 2022
June 16, 2022
Median Sales Price
Property prices in Caroline Springs have performed strongly over the past 12 months.
The median sale price for Caroline Springs for houses is currently $731,500, having risen 10.8% over the past 12 months from $660,000.
There have been 324 properties listed for sale over the past 12 months. This is higher than the same time last year when there were 293 listings and shows that we have more sellers coming onto the market than for the same time last year. On the sales side, 402 properties sold over the past 12 months compared to 307 for the previous year.
The current time on market for a house in Caroline Springs is 35 days. This timing is longer than a typical 4 week auction campaign.
For units, the median sales price is $470,000. Apartment have drifted by -0.5% over the year. Units in Caroline Springs typically sit on the market for 42 days.
Property market data can sometimes seem overwhelming. If you need help understanding what these numbers mean for you and how to interpret them for your own property goals, please don’t hesitate to get in touch.
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