VIC has seen average median house prices change by 8.96% which means that Croydon North, 3136 has done well for property investors by showing a capital gain of 10.83% over the last year
Over the longer term, Croydon North has seen property prices show investors a 46.31% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Croydon North is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 534th in terms of most discounted suburbs in VIC
Over the last year, property investments in Croydon North, 3136 have given investors a capital gain of 5.72%. This compares averagely with the 4.26% for VIC as a whole.
If we look at median property appreciation over just the last three months, Croydon North has given property investors a paper return of 3.40%. This puts Suburb as 86 on a list of fastest fasting appreciating suburbs in VIC
Croydon North, 3136 is offering VIC ‘s 312th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 3.72%, without taking into account capital value appreciation, which has been averaging out at 7.14%.