VIC/
Croydon south

Suburb Profile

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

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CROYDON SOUTH, 3136 ranks 396th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.55% for property investors.

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 $745,000.

The upward trend in home prices in CROYDON SOUTH, 3136 averaged 16.33% per annum over a 3-year period.

Average weekly rents on listings have reached the $415 mark, reflecting a 2.9% increase in returns based on the current median price in CROYDON SOUTH.

An average of 6.25 real estate transactions take place per month in CROYDON SOUTH which translates to 75 per annum.

75 properties were sold in CROYDON SOUTH in 2016, making it the 78th most active market in VIC based on total real estate transactions.

CROYDON SOUTH, 3136 places 311th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $745,000 $633,000
GROWTH REPORT
Median Quarterly 2.69% 5.24%
Median 12 month 20.55% 21.26%
Median 3 years 49% 43.21%
Median 5 years 70.48% 66.58%
10 years average annual 9.83% 9.58%
Weekly media advert. rent $415 N/A
Time on Market 24.8 days 0.0 days
Gross Rental Yield Percent 2.9% N/A
demographics (median values)
Total Population
4240
Weekly Household Income
1123
Household Size
2.70
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