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Croydon Suburb Insights
VICLocation Information
Suburb Name
Croydon, VIC
Distance from CBD
17.7 kmDemographics
Population
10,612
Median Income
$34,996
Area Information
Area
2.44 km²
Population Density
4349 people/km²
Property Market
Median Price
$775,648
Annual Growth
+10.4%Property Price Trend Analysis
Current Median Price
$775,648
Annual Growth
+10.4%
Quarterly Growth
+3.2%
Price Trends - Last 6 Months
2024-01
$474,895
+5.5%2024-02
$1,060,696
+5.5%2024-03
$920,619
+12.5%2024-04
$1,149,832
+12%2024-05
$1,108,020
+15.4%2024-06
$906,244
+12.3%Property Type Price Analysis
House
Median Price
$1,732,629
Growth Rate
+11.1%Available Listings
462 properties
Apartment
Median Price
$484,528
Growth Rate
+11.7%Available Listings
707 properties
Townhouse
Median Price
$595,897
Growth Rate
+11.9%Available Listings
122 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy