Croydon Park

POSTAL CODE: NSW, 2133
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A steady increase in median property prices over a five-year period in the suburb translates to a 23.94% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,200,000

The augmented property values in the suburb are trailing above the territorial average of 5.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $825.

Home owners selling their properties and realtors in CROYDON PARK usually have to wait an average of 72.4 days days before their assets are lifted off the market.

The NSW suburb ranks 1028th on the list of best yielding suburbs for rental properties in NSW, posting a 1.95% return.

It also places places th in Australia based on median property value growth during the quarter.

Surburb overview

Croydon Park is a suburb situated approximately 10 kilometres south-west of Sydney's Central Business District, encompassing an area of 2.55 square kilometres at an elevation of 11 metres. It falls under the jurisdiction of three local government areas: the City of Canterbury-Bankstown, the Municipality of Burwood, and the Inner West Council.

As of the 2021 Census, Croydon Park had a population of 10,929 residents. The median age was 39 years. Approximately 58.9% of residents were born in Australia, with notable communities from China (6.0%), Italy (4.3%), and Lebanon (3.3%). Languages spoken at home include English (47.7%), Italian (7.1%), Arabic (6.8%), Mandarin (6.0%), and Cantonese (4.3%).

Bus routes primarily service public transportation in Croydon Park, as the suburb lacks a train station. Key bus services include the 413, connecting to the Sydney CBD and Campsie; the 420, an orbital route linking Westfield Burwood to Mascot railway station via Croydon Park; and routes 464, 466, 490, 492, and 410, providing access to various parts of Sydney. Additionally, a cycleway along the Cooks River connects Olympic Park at Homebush with Botany Bay.

Georges River Road, the suburb's main commercial strip, is home to essential amenities, including cafes, restaurants, a small IGA supermarket, and a Whole Foods Market produce store. For larger shopping needs, residents often visit nearby centres in Burwood, Ashfield, and Campsie.

Recreational activities in Croydon Park are supported by numerous parks and green spaces, particularly along the Cooks River. Picken Oval serves as the home ground for the Western Suburbs Magpies Australian Rules team, while Lees Park accommodates the Canterbury Junior Soccer Association and offers tennis courts. Other notable parks include Flockhart Park, Jackson Park, Rosedale Reserve, and Croydon Park itself. These areas provide facilities for various sports and leisure activities, contributing to the suburb's family-friendly environment.

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