With a capital gain of -5.53% for the last 12 months, Croydon South, 3136 has performed for property investments than its average annual 8.00% property growth over the last 5 years.
While Croydon South,3136 ranked number 608th in VIC for increase in median house value (annualised) increase, it is ranked 75th over the last 5 years.
Croydon South, 3136 is offering VIC ‘s 298th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 2.98%, without taking into account capital value appreciation, which has been averaging out at 8.00%.
At number 112th in the list of Australian suburbs ordered by increase in median house value over the last year, Croydon South, 3136 is in the top 10% with a property value increase of 17.22% recorded in median house prices.
Croydon South,3136 has offered an average of 17.22% return per annum in house price rises to property investors over the last three years.
Property investors should expect to get $420 weekly from the median priced house in this suburb.