Croydon Park has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.72% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Croydon Park comes in at number 407th in NSW.
LACK OF BUYER INTEREST may well be the reason that Croydon Park is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 824th in terms of most discounted suburbs in NSW
In the last year 94 properties changed hands in Croydon Park, which puts it as the 316th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Croydon Park being $1445000 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 2.16%
Croydon Park is in the TOP 10% in NSW when comparing median price capital growth over the last year. Croydon Park gave property investors a very good capital gain figure when compared to the rest of the state, with 32.30%.
Across a shorter period, Croydon Park, 2133 has seen a median price increase of 10.52% over the last quarter.
Property buyers and investors in Croydon Park 2133 should be seeing an average reduction in asking price of around -3.96% . This means that Croydon Park is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Croydon Park being $641000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.41%