Suburb Profile Report for Croydon South VIC (3136)

Croydon South House: Median price $618,000, Annual capital growth 8.42%, Number of sales 80, Weekly median advertised rent $400

Croydon South Unit: Median price $521,000, Annual capital growth 7.82%, Number of sales 23, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Croydon South, 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 9.28%

A 39.74% growth in median value for property investors in Croydon South,3136 puts this suburb at number 338th in terms of best performing suburbs in VIC

The most recent median price for Croydon South is $618000, with sellers offering an average of -3.65% off the asking price.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

Giving property investors a an unimpressive capital gain of -0.19% for the last year, Croydon South, 3136 is the 1141th highest performer in Australia in this respect.

Over the longer term, Croydon South has seen property prices show investors a 30.25% return over the last 3 years. This is worse than over the last 12 months

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Croydon South itself are offering an average vendor discount of -2.91% to real estate investors.

Residents and property investors in Croydon South have been waiting around 42.06 days to sell a property.

Using the current median advertised rental of $385 and the average annual increase in value of a median property of 7.82%, investors should hope to achieve an overall return of 3.84%

HOUSE UNIT
$618,000 $521,000
1.31% -1.23%
9.28% -0.19%
8.42% 7.82%
$400 $385
80 23
3.37% 3.84%
31.94 42.06

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4531
Median household income ($/weekly) 1338
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 544 12.0
    25-34 years 691 15.3
    35-44 years 686 15.1
    45-54 years 591 13.0
    55-64 years 532 11.7
    Others 1487 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 1754 51.0
    Not Married 1358 39.5
    Defacto Relationship 329 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3549 81.1
    Papua New Guinea 63 1.4
    Philippines 39 0.9
    United Kingdom 265 6.1
    Other 129 2.9
    Others 329 7.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 1.6
    Christianity 2594 61.7
    Hinduism 36 0.9
    Other Religious Groups 42 1.0
    No Religion 1436 34.2
    Others 29 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 137 9.1
    $1,000-$1,249 151 10.1
    $1,250-$1,499 140 9.3
    $1,500-$1,999 244 16.3
    $2,000-$2,499 193 12.9
    Others 636 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1488 41.9
    Not in the labour force 1106 31.2
    Employed, worked part-time 681 19.2
    Employed, away from work 153 4.3
    Unemployed, looking for work 121 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 250 10.8
    Professionals 459 19.8
    Technicians & trades workers 404 17.4
    Clerical & administrative workers 380 16.4
    Sales 248 10.7
    Others 580 25.0
    Occupation
    Census Count Percent(%)
    Pre-school 90 8.8
    Infants/Primary 367 35.9
    Secondary 267 26.2
    Technical or Further Educational Institution 122 11.9
    University or other Tertiary Institutions 137 13.4
    Others 38 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4234 97.4
    Semi-detached, row or terrace house, townhouse 66 1.5
    Flat, unit or apartment 32 0.7
    House or flat attached to a shop, office 13 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 768 47.6
    Fully owned 553 34.2
    Rented 291 18.0
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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