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Croydon South

Croydon South - SUBURB PROFILE REPORT

POSTAL CODE: VIC, 3136

house

unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb 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 $895,000.

The upward trend in home prices in CROYDON SOUTH, 3136 averaged 6.98% per annum over a 3-year period.

Average weekly rents on listings have reached the $459.5 mark, reflecting a 2.67% increase in returns based on the current median price in CROYDON SOUTH.

An average of 7.17 real estate transactions take place per month in CROYDON SOUTH which translates to 86 per annum.

86 properties were sold in CROYDON SOUTH in 2016, making it the 37th most active market in VIC based on total real estate transactions.

CROYDON SOUTH, 3136 places 350th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$895,000	$807,500
GROWTH REPORT
Median Quarterly	4.07%	7.74%
Median 12 month	18.98%	16.19%
Median 3 years	20.95%	N/A
Median 5 years	34.38%	44.2%
10 years average annual	7.95%	9.14%
Weekly media advert. rent	$459.5	$420
Time on Market	22.5 days	14.7 days
Gross Rental Yield Percent	2.67%	2.7%

demographics (median values)*

Total Population

44369

Weekly Household Income

1488

Household Size

2.60

Age

Monthly Loan Repayment

1770

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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12 MONTH GROWTH

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Mirador

103.33%
Bawley Point

98.13%
Walla Walla

90.7%
Byron Bay

86.67%
Kiama Heights

85.93%
Greta

84.14%
Nulkaba

81%
South Hobart

78.78%
Diddillibah

76.25%
Lennox Head

73.98%

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Croydon South

Croydon South - SUBURB PROFILE REPORT

POSTAL CODE: VIC, 3136

Data report can be found below

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Croydon South - SUBURB PROFILE REPORT POSTAL CODE: VIC, 3136

Data report can be found below

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Croydon South - SUBURB PROFILE REPORT

POSTAL CODE: VIC, 3136

Property Market
Update Report