Croydon is in the bottom 40% in NSW when comparing median price capital growth over the last year. Croydon gave property investors a disappointing capital gain figure when compared to the rest of the state, with -8.33%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Croydon has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $700 and the average annual increase in value of a median property of 7.67%, investors should hope to achieve an overall return of 2.67%
Croydon, 2132 ranked 136th in NSW when comparing growth in median property values or capital gain over the last 12 months. Croydon is one of 3163 in our list for NSW
The five-year average increase in median property values for Croydon,2132 has given property investors a potential capital gain of 22.50% across each of those five years.
At number 461 in a list of fastest selling suburbs, Croydon is in the TOP 40% of suburbs in Australia with an average of days on market 70.4545 for properties listed there.
Croydon, 2132’s gross rental yield is 3.50%