Suburb Profile Report for Croydon Park NSW (2133)

Croydon Park House: Median price $1,277,500, Annual capital growth 7.90%, Number of sales 66, Weekly median advertised rent $650

Croydon Park Unit: Median price $587,500, Annual capital growth 6.94%, Number of sales 40, Weekly median advertised rent $425

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

NSW has seen average median house prices change by -4.21% which means that Croydon Park, 2133 has not done well for property investors by showing a capital gain of -6.41% over the last year

Croydon Park,2133 has offered an average of -6.41% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Croydon Park should be aiming for at least -8.98% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 66 properties changed hands in Croydon Park, which puts it as the 378th most active market in NSW when comparing the number of sales per suburb.

A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.65%, without taking into account capital value appreciation, which has been averaging out at 7.90%.

NSW has seen average median house prices change by -4.02% which means that Croydon Park, 2133 has not done well for property investors by showing a capital gain of -8.20% over the last year

Across a shorter period, Croydon Park, 2133 has seen a median price increase of -2.81% over the last quarter.

Vendor discounting in Croydon Park is giving property investors an average Vendor Discount of around -6.24%. This puts suburb at number 223th in NSW when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$1,277,500 $587,500
2.12% -2.81%
-6.41% -8.20%
7.90% 6.94%
$650 $425
66 40
2.65% 3.76%
76.0869565217391 72.3142857142857

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 10741
Median household income ($/weekly) 1295
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1317 12.3
    25-34 years 1496 13.9
    35-44 years 1695 15.8
    45-54 years 1487 13.8
    55-64 years 1239 11.5
    Others 3508 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 4119 50.1
    Not Married 3609 43.9
    Defacto Relationship 488 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 6077 59.5
    Croatia 573 5.6
    Japan 593 5.8
    Malaysia 357 3.5
    Other 722 7.1
    Others 1894 18.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 369 3.7
    Christianity 7582 75.6
    Hinduism 189 1.9
    Islam 278 2.8
    No Religion 1549 15.4
    Others 62 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 350 10.1
    $1,000-$1,249 300 8.6
    $1,250-$1,499 303 8.7
    $1,500-$1,999 448 12.9
    $2,500-$2,999 316 9.1
    Others 1759 50.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3189 38.6
    Not in the labour force 2849 34.4
    Employed, worked part-time 1556 18.8
    Employed, away from work 369 4.5
    Unemployed, looking for work 307 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 616 12.0
    Professionals 1267 24.8
    Technicians & trades workers 654 12.8
    Community & personal service workers 470 9.2
    Clerical & administrative workers 881 17.2
    Others 1227 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 190 7.2
    Infants/Primary 791 30.1
    Secondary 764 29.1
    Technical or Further Educational Institution 224 8.5
    University or other Tertiary Institutions 573 21.8
    Others 84 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6709 65.2
    Flat, unit or apartment 1806 17.6
    Semi-detached, row or terrace house, townhouse 1695 16.5
    House or flat attached to a shop, office 73 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1271 33.9
    Being purchased 1271 33.9
    Rented 1196 31.9
    Other tenure type 14 0.4
    Tenure Type
Census 2011, ABS
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