ABS 2021 Census · Updated 31 March 2026
Caroline Springs is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 24,488, making it a sizeable community. Located approximately 22 km from the Melbourne CBD, Caroline Springs is a middle ring area in Victoria. The median household income is $110,968 AUD per year (ABS 2021 Census).
Above-average earnings in Caroline Springs support sustained property values.
Map shows Caroline Springs, Victoria, Australia.
Official Australia Post postcode for Caroline Springs. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 6 schools within or near this suburb based on ABS 2021 data.
Find schools near Caroline Springs on My School →Estimated 10 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Caroline Springs's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links — making them attractive to families and long-term tenants. The median rent of $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,950/month. A median household income of $110,968/year supports premium property values and indicates a well-employed resident base. 85% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Solid fundamentals in Caroline Springs support capital growth over a medium to long hold period.
Caroline Springs can deliver reasonable rental income, though yields are not the primary draw.
Renovation projects in Caroline Springs can capture the gap between unrenovated and updated property prices.
Run the numbers on a Caroline Springs property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →The outlook for capital growth in Caroline Springs is encouraging heading into 2026, driven by constrained supply and buyer competition. Strong rental fundamentals in Caroline Springs provide a reliable income base for investment properties. Caroline Springs remains on the radar of active property investors in Victoria.
Caroline Springs is a middle ring area in Victoria with a population of 24,488. The median rent is $400/week and the median household income is $110,968/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Caroline Springs include established amenities and transport access. 85% of dwellings are separate houses. The area has approximately 6 schools and 10 parks nearby.
According to the ABS 2021 Census, Caroline Springs has a population of approximately 24,488. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Caroline Springs is approximately 22 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.