107/48-58 Central Parkway, Caroline Springs VIC 3023
107/48-58 Central Parkway, Caroline Springs VIC 3023
This is a brand new two-bedroom, two-bathroom retirement villa with a single lock-up garage, known as the Rivergum model. It is situated within the Caesia Gardens retirement village, a pet-friendly, amenity-rich community surrounded by parklands and within walking distance of Lake Caroline and CS Square Shopping Centre.
What is competitively strong about this property is its position as a brand new, low-maintenance home within a dedicated retirement village that offers a heated indoor pool and gym. It is rare to find a new villa in a pet-friendly, age-targeted community so close to both a major shopping centre and a lake, making it ideally suited for retirees seeking an active, social lifestyle without the upkeep of a larger family home. This property fills a distinct niche in a suburb dominated by larger family dwellings.
The brand new condition and village amenities may support a strong price position relative to older retirement options, but the compact two-bedroom configuration might limit appeal to some buyers. The absence of detailed transport or medical access data in the available material means a buyer should verify these practicalities personally. Market estimates suggest a value range, so a purchaser should weigh the premium for newness and the pool and gym against the constraints of a smaller villa layout.
Detailed Independent Property Report prepared by PropCred Analyst team for 107/48-58 Central Parkway, Caroline Springs VIC 3023
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Market Insight
Caroline Springs is a family-oriented suburb with a strong owner-occupier market, evidenced by high auction clearance rates and houses selling significantly faster than comparable areas. Demand is driven by households seeking relative affordability and space, supported by above-average local incomes. The housing market has demonstrated solid capital growth, while the unit segment has softened. Future performance hinges on sustained demand against a backdrop of tight supply, though the market’s sensitivity to interest rates remains a key consideration.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
4 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
Other Properties to Compare in This Area
Property buyers often compare multiple homes in the same local area before making a decision. These recent property research pages are selected from the same postcode, nearby postcodes, or the same state where required.
- 8 Oakes Place, Golden Square VIC 3555 — 6 bed · 4 bath · 2 car
- 72 Breasley Parkway, Point Cook VIC 3030 — 4 bed · 2 bath · 2 car
- 94 Lawn Cres, Braybrook VIC 3019 — 3 bed · 2 bath · 1 car
- 1 Carlow Walk, Lalor VIC 3075 — 3 bed · 2 bath · 2 car
- 7 Grant Street, Sebastopol VIC 3356 — 3 bed · 2 bath · 1 car
- 491 Napier Street, White Hills VIC 3550 — 3 bed · 1 bath · 1 car
- 1/84 Opie Road, Albanvale VIC 3021 — 3 bed · 2 bath · 1 car
- 263 Horsham-Noradjuha Road, Lower Norton VIC 3401 — 4 bed · 3 bath · 2 car
- 164 Aylmer Road, Lyndhurst VIC 3975 — 4 bed · 2 bath · - car
- 13 Hemsley Drive, Deer Park VIC 3023 — 4 bed · 2 bath · 2 car
- 189 Cherry Tree Road, Bailieston VIC 3608 — 2 bed · 1 bath · 1 car
- 7 Oakdene Court, Ballarat North VIC 3350 — 4 bed · 2 bath · - car
- 15 Cavendish Street, Portland North VIC 3305 — 5 bed · 2 bath · 2 car
- 5 Kent Court, Mansfield VIC 3722 — 4 bed · 2 bath · 1 car
- 8 Rogers Court, Sunbury VIC 3429 — 4 bed · 2 bath · 2 car
- 15 Dexter Grove, Point Cook VIC 3030 — 3 bed · 2 bath · 2 car
- 895 Sayers Road, Tarneit VIC 3029 — 4 bed · 2 bath · - car
- 9 Bovard Close, Caroline Springs VIC 3023 — 3 bed · 2 bath · - car
- 3 Joules Court, Deer Park VIC 3023 — 3 bed · 1 bath · 4 car
- 7/15 Widnes Court, Deer Park VIC 3023 — 3 bed · 2 bath · 2 car
- 32 Maggie Cres, Mambourin VIC 3024 — 4 bed · 2 bath · 2 car
- 31 Honeycomb Avenue, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 16 Bellfield Court, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 8 Warrington Cres, Deer Park VIC 3023 — 3 bed · 2 bath · 2 car
- 8 Milton Drive, Wyndham Vale VIC 3024 — 3 bed · 1 bath · 1 car
- 4 Climbing Drive, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 28 Boxer Drive, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 38 Bursaria Drive, Caroline Springs VIC 3023 — 2 bed · 1 bath · 1 car
- 2 Penole Way, Wyndham Vale VIC 3024 — 3 bed · 1 bath · 2 car
- 117 Cambridge Cres, Wyndham Vale VIC 3024 — 3 bed · 1 bath · 1 car
- 6 Broadway Boulevard, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 27 Palette Street, Mambourin VIC 3024 — 5 bed · 2 bath · 2 car
- 59 Shillings Road, Mambourin VIC 3024 — 4 bed · 2 bath · 2 car
- 5 Portrait Street, Mambourin VIC 3024 — 4 bed · 2 bath · 2 car
- 15 Hansen Road, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 75 Manor Lakes Boulevard, Manor Lakes VIC 3024 — 3 bed · 2 bath · 2 car
- 12/79 Lancefield Drive, Caroline Springs VIC 3023 — 3 bed · 2 bath · 2 car
- 39 Oakview Parade, Caroline Springs VIC 3023 — 3 bed · 2 bath · - car
- 20 Lancely Green, Caroline Springs VIC 3023 — 3 bed · 2 bath · 1 car
- 121 Arbour Boulevard, Burnside Heights VIC 3023 — 4 bed · 2 bath · 2 car
- 14 Reg Chalke Cres, Cairnlea VIC 3023 — 5 bed · 2 bath · 5 car
- 16 Hydefield Drive, Wyndham Vale VIC 3024 — 4 bed · 3 bath · 2 car
- 31 Kallang Road, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 1 car
- 14 Stonecrop Way, Wyndham Vale VIC 3024 — 5 bed · 3 bath · 2 car
- 48 Oconnor Road, Deer Park VIC 3023 — 3 bed · 2 bath · 2 car
- 2 Halladale Avenue, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 68 Wollahra Rise, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 42 Grappa Circuit, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 50 Cloudburst Avenue, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 54 Brightvale Boulevard, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 27 Paramount Boulevard, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 1/11 Sunhill Cres, Ardeer VIC 3022 — 3 bed · 1 bath · 1 car
- 25 Pierbrook Avenue, Manor Lakes VIC 3024 — 6 bed · 4 bath · 2 car
- 13 Weavers Street, Manor Lakes VIC 3024 — 3 bed · 1 bath · 1 car
- 123 Neale Road, Deer Park VIC 3023 — 3 bed · 2 bath · 2 car
- 674 Armstrong Road, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 4 car
- 11 Florida Court, Burnside Heights VIC 3023 — 3 bed · 2 bath · 2 car
- 5 Pewter Street, Mambourin VIC 3024 — 4 bed · 2 bath · 2 car
- 9 Burswood Drive, Wyndham Vale VIC 3024 — 3 bed · 2 bath · 2 car
- 28 Happiness Way, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 13 Truesource Drive, Cairnlea VIC 3023 — 3 bed · 2 bath · 2 car
- 7 Ladlow Street, Mambourin VIC 3024 — 4 bed · 3 bath · 2 car
- 48 Timetable Street, Mambourin VIC 3024 — 5 bed · 2 bath · 2 car
- 21 Springwood Terrace, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 33/2 Monckton Place, Caroline Springs VIC 3023 — 2 bed · 1 bath · 1 car
- 232 Maracana Avenue, Manor Lakes VIC 3024 — 4 bed · 3 bath · 2 car
- 14 Produce Drive, Mambourin VIC 3024 — 4 bed · 2 bath · 2 car
- 2 Honour Lane, Caroline Springs VIC 3023 — 3 bed · 1 bath · 1 car
- 33 Vogue Drive, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 20 Pristine Drive, Wyndham Vale VIC 3024 — 5 bed · 3 bath · 2 car
- 13 Bronwyn Way, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 52 Dumfries Street, Deer Park VIC 3023 — 3 bed · 1 bath · 2 car
- 18 Kutjera Street, Manor Lakes VIC 3024 — 3 bed · 2 bath · 2 car
- 32 Maryborough Drive, Wyndham Vale VIC 3024 — 3 bed · 2 bath · 2 car
- 30 Mundara Drive, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 4 Stacey Parade, Mount Cottrell VIC 3024 — 4 bed · 2 bath · 2 car
- 3/87 Federal Drive, Wyndham Vale VIC 3024 — 2 bed · 2 bath · 1 car
- 33 Kinglake Drive, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 1 Bogey Street, Deer Park VIC 3023 — 3 bed · 2 bath · 2 car
- 5 Radiata Close, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 119/48-58 Central Parkway, Caroline Springs VIC 3023 — 3 bed · 2 bath · 2 car
- 7 Plumstead Street, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 26 Akron Street, Manor Lakes VIC 3024 — 4 bed · 3 bath · 3 car
- 9 Edwin Close, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 1/1 Railway Parade, Deer Park VIC 3023 — 3 bed · 2 bath · 1 car
- 174 Eureka Drive, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 114 Kinglake Drive, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 50 Koodya Street, Mambourin VIC 3024 — 4 bed · 3 bath · 2 car
- 20 Marcellin Court, Deer Park VIC 3023 — 2 bed · 1 bath · 2 car
- 22A Marne Avenue, Wyndham Vale VIC 3024 — 3 bed · 3 bath · 2 car
- 21 Trapdoor Street, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 2 car
- 32 Mockridge Avenue, Burnside VIC 3023 — 4 bed · 2 bath · 2 car
- 68 Wendouree Cres, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 24 Downham Way, Wyndham Vale VIC 3024 — 3 bed · 2 bath · 4 car
- 10 Rosewater Street, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 20 Hubbard Street, Wyndham Vale VIC 3024 — 4 bed · 2 bath · 3 car
- 23 Clematis Cres, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car
- 8 Miso Road, Wyndham Vale VIC 3024 — 3 bed · 2 bath · 3 car
- 116/48-58 Central Parkway, Caroline Springs VIC 3023 — 2 bed · 2 bath · 2 car
- 5 Akron Street, Manor Lakes VIC 3024 — 4 bed · 2 bath · 2 car