Suburb Profile Report for Croydon NSW (2132)

Croydon House: Median price $1,420,000, Annual capital growth 8.84%, Number of sales 95, Weekly median advertised rent $645

Croydon Unit: Median price $655,000, Annual capital growth 6.24%, Number of sales 32, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Croydon have tracked just lower than the NSW average of 7.93% over the last 12 months.

A 64.54% growth in median value for property investors in Croydon,2132 puts this suburb at number 1038th in terms of best performing suburbs in NSW

Our latest figures would indicate that property sellers in Croydon are currently offering property investors an average price cut of -8.54% below the asking price at the moment.

At number 1115 in a list of fastest selling suburbs, Croydon is in the TOP 30% of suburbs in Australia with an average of days on market 62.5 for properties listed there.

Using the current median advertised rental of $645 and the average annual increase in value of a median property of 8.84%, investors should hope to achieve an overall return of 2.36%

Croydon, 2132 ranked 538th in NSW when comparing growth in median property values or capital gain over the last 12 months. Croydon is one of 3162 in our list for NSW

Taking the average capital gain, or increase in median house value, Croydon,2132 has racked up an average of -12.55% over the period. This ranks it number 359th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Croydon should be aiming for at least -1.85% off the asking price, which is the average vendor discount being achieved at the moment.

The NSW suburb of Croydon, 2132 is in the Burwood local government area.

HOUSE UNIT
$1,420,000 $655,000
-1.05% -11.49%
2.53% -12.55%
8.84% 6.24%
$645 $500
95 32
2.36% 3.97%
62.5 42.86

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 10380
Median household income ($/weekly) 1509
Median age of persons 38
Median housing loan repayment ($/monthly) 2400
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1157 11.1
    25-34 years 1477 14.2
    35-44 years 1517 14.6
    45-54 years 1555 15.0
    55-64 years 1089 10.5
    Others 3586 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 3836 50.2
    Not Married 3350 43.9
    Defacto Relationship 452 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5695 57.6
    Croatia 897 9.1
    Japan 470 4.8
    United Kingdom 247 2.5
    Other 551 5.6
    Others 2026 20.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 580 6.1
    Christianity 6329 66.1
    Hinduism 226 2.4
    Islam 109 1.1
    No Religion 2243 23.4
    Others 82 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 263 8.6
    $1,000-$1,249 254 8.3
    $1,500-$1,999 373 12.1
    $2,000-$2,499 271 8.8
    $2,500-$2,999 337 11.0
    Others 1573 51.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3115 38.5
    Not in the labour force 2882 35.6
    Employed, worked part-time 1524 18.8
    Unemployed, looking for work 291 3.6
    Employed, away from work 278 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 635 12.9
    Professionals 1583 32.2
    Technicians & trades workers 485 9.9
    Community & personal service workers 418 8.5
    Clerical & administrative workers 804 16.3
    Others 994 20.2
    Occupation
    Census Count Percent(%)
    Pre-school 150 5.5
    Infants/Primary 731 27.0
    Secondary 697 25.7
    Technical or Further Educational Institution 239 8.8
    University or other Tertiary Institutions 781 28.8
    Others 111 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6582 69.5
    Flat, unit or apartment 1721 18.2
    Semi-detached, row or terrace house, townhouse 1095 11.6
    House or flat attached to a shop, office 77 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1267 37.9
    Being purchased 1078 32.2
    Rented 982 29.4
    Other tenure type 17 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals