AREA REPORTS

Croydon South

VIC/
Croydon south

Suburb Profile

Croydon South - FREE 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 $751,000.

The upward trend in home prices in CROYDON SOUTH, 3136 averaged 8.39% per annum over a 3-year period.

Average weekly rents on listings have reached the $430 mark, reflecting a 2.98% increase in returns based on the current median price in CROYDON SOUTH.

An average of 6.42 real estate transactions take place per month in CROYDON SOUTH which translates to 77 per annum.

77 properties were sold in CROYDON SOUTH in 2016, making it the 77th most active market in VIC based on total real estate transactions.

CROYDON SOUTH, 3136 places 535th 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 $751,000 $742,000
GROWTH REPORT
Median Quarterly -4.33% 14.07%
Median 12 month -5.53% 17.22%
Median 3 years 25.17% 37.92%
Median 5 years 66.43% 99.19%
10 years average annual 8% 10.04%
Weekly media advert. rent $430 $420
Time on Market 41.3 days 0.0 days
Gross Rental Yield Percent 2.98% 2.94%
demographics (median values)
Total Population
4240
Weekly Household Income
1123
Household Size
2.70
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