AREA REPORTS

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 $800,000.

The upward trend in home prices in CROYDON SOUTH, 3136 averaged 14.37% per annum over a 3-year period.

Average weekly rents on listings have reached the $420 mark, reflecting a 2.73% increase in returns based on the current median price in CROYDON SOUTH.

An average of 4.67 real estate transactions take place per month in CROYDON SOUTH which translates to 56 per annum.

56 properties were sold in CROYDON SOUTH in 2016, making it the 161st most active market in VIC based on total real estate transactions.

CROYDON SOUTH, 3136 places 253rd 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 $800,000 $648,000
GROWTH REPORT
Median Quarterly 1.91% 2.37%
Median 12 month 6.67% 6.23%
Median 3 years 43.11% 40.87%
Median 5 years 83.91% 70.53%
10 years average annual 8.65% 8.29%
Weekly media advert. rent $420 $430
Time on Market 31.0 days 0.0 days
Gross Rental Yield Percent 2.73% 3.45%
demographics (median values)
Total Population
4240
Weekly Household Income
1123
Household Size
2.70
demographics
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