Suburb Profile Report for Croydon NSW (2132)

Croydon House: Median price $1,420,000, Annual capital growth 8.76%, Number of sales 93, Weekly median advertised rent $648

Croydon Unit: Median price $697,500, Annual capital growth 6.85%, Number of sales 34, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.15% which means that Croydon, 2132 has done well for property investors by showing a capital gain of 1.43% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Croydon has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Croydon itself are offering an average vendor discount of -8.54% to real estate investors.

At number 1116 in a list of fastest selling suburbs, Croydon is in the TOP 30% of suburbs in Australia with an average of days on market 63.6 for properties listed there.

Using the current median advertised rental of $647.5 and the average annual increase in value of a median property of 8.76%, investors should hope to achieve an overall return of 2.37%

Giving property investors a a poor capital gain of -6.25% for the last year, Croydon, 2132 is the 1458th highest performer in Australia in this respect.

Croydon,2132 was ranked 1240 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -2.55% to buyers in Croydon at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Croydon the average time real estate has been on the market is 57.62 days.

Using the current median advertised rental of $499.5 and the average annual increase in value of a median property of 6.85%, investors should hope to achieve an overall return of 3.72%

HOUSE UNIT
$1,420,000 $697,500
-2.41% -1.62%
1.43% -6.25%
8.76% 6.85%
$648 $500
93 34
2.37% 3.72%
63.6 57.62

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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