Suburb Profile Report for Croydon North VIC (3136)

Croydon North House: Median price $805,000, Annual capital growth 8.18%, Number of sales 115, Weekly median advertised rent $450

Croydon North Unit: Median price $526,000, Annual capital growth 7.11%, Number of sales 54, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

Croydon North has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.96% to date .

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

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Croydon North, 3136. Typically our figures indicate that -3.39% is being offered, which puts this VIC suburb at 3383th most discounted overall in Australia.

Advertised rents are around the $450 mark per week – giving a return of 2.91% based on the median price in Suburb

Property investors who have had real estate in Croydon North, 3136 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.35%

A 45.30% growth in median value for property investors in Croydon North,3136 puts this suburb at number 134th in terms of best performing suburbs in VIC

Croydon North3136 is located in VIC which offers an average discount of -4.95% to property investors. Croydon North itself is showing figures that indicate -1.97% is the average achievable by property buyers investing in the suburb.

Situated 29.12km from the CBD, Croydon North is one of Maroondah localities in the postcode 3136.

Metrics i HOUSE UNIT
$805,000 $526,000
1.73% 2.38%
10.96% 7.35%
8.18% 7.11%
$450 $365
115 54
2.91% 3.61%
44.02 29.86

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 7693
Median household income ($/weekly) 1579
Median age of persons 38
Median housing loan repayment ($/monthly) 1783
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1015 13.2
    25-34 years 868 11.3
    35-44 years 1059 13.8
    45-54 years 1234 16.0
    55-64 years 958 12.5
    Others 2559 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 3066 54.2
    Not Married 2167 38.3
    Defacto Relationship 420 7.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6049 81.4
    Papua New Guinea 77 1.0
    South Africa 83 1.1
    United Kingdom 521 7.0
    Other 178 2.4
    Others 521 7.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 1.2
    Christianity 4765 67.7
    Hinduism 32 0.5
    Other Religious Groups 36 0.5
    No Religion 2087 29.6
    Others 39 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 197 8.6
    $1,000-$1,249 201 8.8
    $1,500-$1,999 335 14.7
    $2,000-$2,499 302 13.2
    $2,500-$2,999 222 9.7
    Others 1025 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2475 40.8
    Not in the labour force 1739 28.7
    Employed, worked part-time 1402 23.1
    Employed, away from work 268 4.4
    Unemployed, looking for work 175 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 541 13.0
    Professionals 894 21.5
    Technicians & trades workers 642 15.5
    Clerical & administrative workers 702 16.9
    Sales 544 13.1
    Others 826 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 127 6.4
    Infants/Primary 643 32.5
    Secondary 625 31.6
    Technical or Further Educational Institution 200 10.1
    University or other Tertiary Institutions 329 16.6
    Others 52 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6489 90.3
    Semi-detached, row or terrace house, townhouse 631 8.8
    Flat, unit or apartment 66 0.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1208 48.0
    Fully owned 872 34.7
    Rented 427 17.0
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals