Suburb Profile Report for Croydon South VIC (3136)

Croydon South House: Median price $699,950, Annual capital growth 6.95%, Number of sales 66, Weekly median advertised rent $440

Croydon South Unit: Median price $654,000, Annual capital growth 7.31%, Number of sales 11, Weekly median advertised rent $435

  • 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
  • Unit Report

VIC has seen average median house prices change by -1.79% which means that Croydon South, 3136 has not done well for property investors by showing a capital gain of -12.51% over the last year

Croydon South,3136 has offered an average of -12.51% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Croydon South, 3136. Typically our figures indicate that -7.10% is being offered, which puts this VIC suburb at 1397th most discounted overall in Australia.

At number 1255 in a list of fastest selling suburbs, Croydon South is in the TOP 40% of suburbs in Australia with an average of days on market 67.9773 for properties listed there.

Croydon South, 3136’s gross rental yield is 3.27%

Over the last year, property investments in Croydon South, 3136 have given investors a capital gain of 0.54%. This compares averagely with the 0.68% for VIC as a whole.

A $435 per week rent on the median house gives suburb investors a gross yield of circa 3.46%, without taking into account capital value appreciation, which has been averaging out at 7.31%.

Metrics i HOUSE UNIT
$699,950 $654,000
-4.12% N/A
-12.51% 0.54%
6.95% 7.31%
$440 $435
66 11
3.27% 3.46%
67.9772727272727 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 : Good (H), Good (U)
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Demographics
Total population 4531
Median household income ($/weekly) 1338
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 544 12.0
    25-34 years 691 15.3
    35-44 years 686 15.1
    45-54 years 591 13.0
    55-64 years 532 11.7
    Others 1487 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 1754 51.0
    Not Married 1358 39.5
    Defacto Relationship 329 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3549 81.1
    Papua New Guinea 63 1.4
    Philippines 39 0.9
    United Kingdom 265 6.1
    Other 129 2.9
    Others 329 7.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 1.6
    Christianity 2594 61.7
    Hinduism 36 0.9
    Other Religious Groups 42 1.0
    No Religion 1436 34.2
    Others 29 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 137 9.1
    $1,000-$1,249 151 10.1
    $1,250-$1,499 140 9.3
    $1,500-$1,999 244 16.3
    $2,000-$2,499 193 12.9
    Others 636 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1488 41.9
    Not in the labour force 1106 31.2
    Employed, worked part-time 681 19.2
    Employed, away from work 153 4.3
    Unemployed, looking for work 121 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 250 10.8
    Professionals 459 19.8
    Technicians & trades workers 404 17.4
    Clerical & administrative workers 380 16.4
    Sales 248 10.7
    Others 580 25.0
    Occupation
    Census Count Percent(%)
    Pre-school 90 8.8
    Infants/Primary 367 35.9
    Secondary 267 26.2
    Technical or Further Educational Institution 122 11.9
    University or other Tertiary Institutions 137 13.4
    Others 38 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4234 97.4
    Semi-detached, row or terrace house, townhouse 66 1.5
    Flat, unit or apartment 32 0.7
    House or flat attached to a shop, office 13 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 768 47.6
    Fully owned 553 34.2
    Rented 291 18.0
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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