Suburb Profile Report for Croydon North VIC (3136)

Croydon North House: Median price $847,540, Annual capital growth 8.58%, Number of sales 105, Weekly median advertised rent $435

Croydon North Unit: Median price $583,000, Annual capital growth 7.50%, Number of sales 61, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Croydon North has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.81% to date .

While Croydon North,3136 ranked number 210th in VIC for increase in median house value (annualised) increase, it is ranked 112th over the last 5 years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.33% offered to property buyers. Sellers in Croydon North itself are offering an average vendor discount of -3.83% to real estate investors.

Property investors should expect to get $435 weekly from the median priced house in this suburb.

Croydon North has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 17.31% 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 North has increased when compared to the 5 year average annual rate.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 7.50%, investors should hope to achieve an overall return of 3.48%

Metrics i HOUSE UNIT
$847,540 $583,000
4.15% 3.09%
11.81% 17.31%
8.58% 7.50%
$435 $390
105 61
2.67% 3.48%
18.9 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
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Demographics
Total population 7693
Median household income ($/weekly) 1579
Median age of persons 38
Median housing loan repayment ($/monthly) 1783
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1015 13.2
    25-34 years 868 11.3
    35-44 years 1059 13.8
    45-54 years 1234 16.0
    55-64 years 958 12.5
    Others 2559 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 3066 54.2
    Not Married 2167 38.3
    Defacto Relationship 420 7.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6049 81.4
    Papua New Guinea 77 1.0
    South Africa 83 1.1
    United Kingdom 521 7.0
    Other 178 2.4
    Others 521 7.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 1.2
    Christianity 4765 67.7
    Hinduism 32 0.5
    Other Religious Groups 36 0.5
    No Religion 2087 29.6
    Others 39 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 197 8.6
    $1,000-$1,249 201 8.8
    $1,500-$1,999 335 14.7
    $2,000-$2,499 302 13.2
    $2,500-$2,999 222 9.7
    Others 1025 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2475 40.8
    Not in the labour force 1739 28.7
    Employed, worked part-time 1402 23.1
    Employed, away from work 268 4.4
    Unemployed, looking for work 175 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 541 13.0
    Professionals 894 21.5
    Technicians & trades workers 642 15.5
    Clerical & administrative workers 702 16.9
    Sales 544 13.1
    Others 826 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 127 6.4
    Infants/Primary 643 32.5
    Secondary 625 31.6
    Technical or Further Educational Institution 200 10.1
    University or other Tertiary Institutions 329 16.6
    Others 52 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6489 90.3
    Semi-detached, row or terrace house, townhouse 631 8.8
    Flat, unit or apartment 66 0.9
    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 1208 48.0
    Fully owned 872 34.7
    Rented 427 17.0
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
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