Suburb Profile Report for Croydon Hills VIC (3136)

Croydon Hills House: Median price $820,000, Annual capital growth 6.67%, Number of sales 56, Weekly median advertised rent $500

  • 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

Investment property in Croydon Hills has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.09%

Croydon Hills,3136 was ranked 3208 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Croydon Hills is offering property investors an average of -6.90. This rate of discount on properties puts Suburb at number 269th in terms of most discounted suburbs in VIC

On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.17%, without taking into account capital value appreciation, which has been averaging out at 6.67%.

Metrics i HOUSE UNIT
$820,000 N/A
-2.84% N/A
-9.09% N/A
6.67% N/A
$500 N/A
56 N/A
3.17% N/A
46.4545454545455 N/A

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 : Very good (H), Balanced (U)
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Demographics
Total population 5185
Median household income ($/weekly) 1802
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 833 16.1
    15-19 years 543 10.5
    35-44 years 774 14.9
    45-54 years 922 17.8
    55-64 years 593 11.4
    Others 1521 29.3
    Age Group
    Census Count Percent(%)
    Registered Married 2220 57.9
    Not Married 1406 36.7
    Defacto Relationship 207 5.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4262 84.2
    Papua New Guinea 51 1.0
    South Africa 74 1.5
    United Kingdom 264 5.2
    Other 99 2.0
    Others 309 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 57 1.2
    Christianity 3450 71.3
    Hinduism 25 0.5
    Islam 15 0.3
    No Religion 1276 26.4
    Others 13 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 124 8.7
    $1,500-$1,999 237 16.6
    $2,000-$2,499 187 13.1
    $2,500-$2,999 181 12.7
    $3,000-$3,499 130 9.1
    Others 566 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1694 42.6
    Employed, worked part-time 1046 26.3
    Not in the labour force 961 24.2
    Employed, away from work 172 4.3
    Unemployed, looking for work 106 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 398 13.7
    Professionals 610 20.9
    Technicians & trades workers 388 13.3
    Clerical & administrative workers 529 18.2
    Sales 406 13.9
    Others 583 20.0
    Occupation
    Census Count Percent(%)
    Pre-school 112 6.9
    Infants/Primary 540 33.3
    Secondary 561 34.6
    Technical or Further Educational Institution 121 7.5
    University or other Tertiary Institutions 254 15.7
    Others 32 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4978 99.4
    Semi-detached, row or terrace house, townhouse 28 0.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 868 54.7
    Fully owned 571 36.0
    Rented 138 8.7
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
Chart Table