Croydon Park has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.48% 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 Park has increased when compared to the 5 year average annual rate.
Often selling an investment property can take time, and in Croydon Park the average time real estate has been on the market is 80.5 days.
Renters in Suburb are facing rents around $32370 per annum or $622.5 every week.
At number 593th in the list of Australian suburbs ordered by increase in median house value over the last year, Croydon Park, 2133 is in the top 40% with a property value increase of 2.62% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Croydon Park,2133 has racked up an average of 2.62% over the period. This ranks it number 595th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Croydon Park is $626000, with sellers offering an average of -4.62% off the asking price.
With the median price for a house in Croydon Park being $626000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.49%