Croydon North has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.98% to date .
Taking the average capital gain, or increase in median house value, Croydon North,3136 has racked up an average of 7.98% over the period. This ranks it number 733th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Croydon North 3136 should be seeing an average reduction in asking price of around -7.38% . This means that Croydon North is holding prices well when compared to other suburbs in VIC.
At number 453 in a list of fastest selling suburbs, Croydon North is in the TOP 20% of suburbs in Australia with an average of days on market 44.06 for properties listed there.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 7.43%, investors should hope to achieve an overall return of 2.72%
Investment property in Croydon North has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.10%
Croydon North,3136 has offered an average of 6.10% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Croydon North 3136 should be seeing an average reduction in asking price of around -5.13% . This means that Croydon North is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Croydon North the average time real estate has been on the market is 39.96 days.
Croydon North is 272th on a list of best yielding suburbs for rents in VIC with a 3.38% return