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.