FairSquare/Victoria/Caroline Springs
Suburb Dossier · VIC · 3023

Caroline Springs

FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.

FairSquare's model rates Caroline Springs, Victoria 6.4 out of 10 (Workhorse Investment) as of May 2026.

Caroline Springs presents a workhorse investment opportunity, driven by an exceptionally low 1% vacancy rate that signals robust tenant demand for family-oriented housing 23km from the CBD. This ensures stable rental income and consistent capital appreciation, as demonstrated by 5.5% price growth over the last twelve months.

Model Verdict
Workhorse Investment
6.4OUT OF 10
Median
$787K
house
Gross Yield
3.5%
derived
Weekly Rent
$530
3-bed median
12m Growth
+5.5%
trailing
Secret Sauce · Derivation

How the model valued Caroline Springs

The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.

Confidencehigh

Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.

Distance
to CBD
23km
Yield
derived from model
3.5%
Median Rent
weekly, 3-bed
$530
Median Price
(rent × 52) ÷ yield
$787K
Fit · Who It Suits
Investor Profiles
Income Hold
Model Tags
Balanced Market
Signals · Partial View
Market Temp
Warming
Supply Pressure
Normal
Rent Trajectory
In line
Cycle Position
Hot ·
Days On Market
Cool
Clearance Rate
Active ·
Buyer Demand
Hot
Vacancy Rate
Cool ·
Rent Growth 12m
Active
Price Volatility
Hot ·
5-Year Forecast
Cool
Risk Flags
Active ·

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What's inside
01Cover page with verdict & score
02In-30-seconds snapshot
03Score breakdown across 5 dimensions
04Big picture & liveability analysis
05Market cycle + 10-year forecast
06Rental story + yield scenarios
07Supply & demand pressure gauge
08Opportunity & risk register
093-play investor playbook
1012-24mo + 3-5yr outlook
112026 Budget impact analysis
Nearby · VIC
3.7km away
Taylors Hill
Workhorse Investment
$770K3.4%+5.5%
3.8km away
Fraser Rise
Proceed with Caution
$695K3.8%+1.5%
4.5km away
Delahey
Hidden Gem
$736K3.7%+5.0%
4.6km away
Deer Park
Proceed with Caution
$705K3.8%+9.5%
FAQ
01

Is Caroline Springs a good investment in 2026?

FairSquare's model rates Caroline Springs, Victoria 6.4 out of 10 (Workhorse Investment) as of May 2026. Caroline Springs presents a workhorse investment opportunity, driven by an exceptionally low 1% vacancy rate that signals robust tenant demand for family-oriented housing 23km from the CBD. This ensures stable rental income and consistent capital appreciation, as demonstrated by 5.5% price growth over the last twelve months.

02

What is the median house price in Caroline Springs?

The median house price in Caroline Springs, VIC is $787K. Weekly rent of $530 against a 3.5% gross yield underpins this figure.

03

What is the rental yield in Caroline Springs?

Caroline Springs has a gross rental yield of 3.5%, with a median weekly rent of $530. 12-month price growth is tracking at +5.5%.

04

Which investor profiles does Caroline Springs suit?

Based on its market signals, Caroline Springs aligns with: Income Hold.

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