Suburb Profile Report for Croydon South VIC (3136)

Croydon South House: Median price $751,000, Annual capital growth 8.00%, Number of sales 77, Weekly median advertised rent $430

Croydon South Unit: Median price $742,000, Annual capital growth 10.04%, Number of sales 10, Weekly median advertised rent $420

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

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.

Metrics i HOUSE UNIT
$751,000 $742,000
-4.33% 14.07%
-5.53% 17.22%
8.00% 10.04%
$430 $420
77 10
2.98% 2.94%
41.31 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Balanced (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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