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%.