With a capital gain of 4.23% for the last 12 months, Croydon, 2132 has performed for property investments than its average annual 8.98% property growth over the last 5 years.
Across a shorter period, Croydon, 2132 has seen a median price increase of 4.23% over the last quarter.
Sellers are offering property buyers an average discount of -7.24% to buyers in Croydon at the moment, which is less than average for the rest of NSW.
Croydon is in the bottom 20% in NSW when comparing median price capital growth over the last year. Croydon gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.88%.
Croydon,2132 was ranked 87 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Croydon should be aiming for at least -2.37% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
Croydon is 463th on a list of best yielding suburbs for rents in NSW with a 3.55% return