38 Heysen Parkway
Caroline Springs, 3023 VIC
2005 house on a 693 m² block with 27m frontage.
Property Snapshot
2005House4 Bed2 Bath4 Off Street693 m² Land245 m² Internal27m Frontage
Investment Highlights
What makes 38 Heysen Parkway compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
693 m²
Frontage
27m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 2005 house on a 693 m² block and a 27m frontage.
Renovate upside — modest 245 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 413m to bus, 3.4km to train station and 1.2km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
4
Bathrooms
2
Parking
4 off-street
Internal Area
245 m²
Ownership & Value
Last Sold$980k
Sold DateApr 2026
Land Value—
RPD207\PS415885
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Corner LotWide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
4 Bed Median
$876k
Growth Since 2026
—
Price Estimate
—Low
$980k
—High
VeryHigh Confidence
—
Since last sold — $980,000 — April 2026
Suburb 4 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$600
4 Bed Yield
3.6%
Vacancy
2.6%
Rentals Last 12M
34
Suburb 4 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 38 Heysen Parkway.
Train Station
3.4km
Bus Stop
413m
Schools
1.2km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.3%Train Station
3.4kmBus Stop
413mCentre Zone
719mRoad Type
residential (Low Noise)School Catchment
1.2kmCaroline Springs Snapshot
Broader suburb metrics that support the local story.
Population
24,488
Owner Occupiers
75%
Social Housing
0.3%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Caroline Springs in more detail
Deep dive into growth, demand, demographics and comparable sales.
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