Croydon North has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.65% to date .
If we look at median property appreciation over just the last three months, Croydon North has given property investors a paper return of 2.36%. This puts Suburb as 373 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th 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 North itself are offering an average vendor discount of -3.89% to real estate investors.
With the median price for a house in Croydon North being $810000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.89%
Croydon North has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 12.70% to date .
Taking the average capital gain, or increase in median house value, Croydon North,3136 has racked up an average of 12.70% over the period. This ranks it number 237th in the whole country for real estate investors looking at median house price increases.
At number 303th of VIC’s most discounted properties, Croydon North is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Situated 29.15km from the CBD, Croydon North is one of Maroondah localities in the postcode 3136.