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Croom, NSW 2527
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$865,000
Median Unit
$725,000
Gross Yield (houses)
4.7%
1yr Growth
-
Investment snapshot for Croom
Croom has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Croom market and investor summary
Croom (NSW 2527) runs a median house price of $865K, with houses yielding a gross 4.7%. At 0.6% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.7% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.6% and a resident base that is not shrinking.
Living in Croom: people, income and schools
Croom is home to around 112 people, and the area has been growing steadily, up about 30% over five years. The median age is 38, broadly working-age, and 74% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $89,000 a year, or roughly $1,720 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 9.7 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 30% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 21 schools within about 5km, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 112
- +30% over 5yr
- Median age
- 38 years
- Median household income
- $89,000/yr
- Households renting
- 21%
- Family households
- 81%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 21
- avg ICSEA 1057
- Unemployment
- 3.8%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Croom
No properties currently listed in Croom
Search Croom listings →Frequently asked questions about Croom
What should I check before investing in Croom?
Croom has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.6%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Croom?
The median property price in Croom, NSW 2527 is $865K for houses and $725K for units.
What rental yield does Croom show?
The gross rental yield in Croom is 4.7% for houses and 5.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Croom?
The current vacancy rate in Croom is 0.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Croom?
Croom has a population of approximately 112 residents, with a median age of 38.
What schools are near Croom?
There are 21 schools within roughly 5km of Croom. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Croom affordable to buy in?
A median house in Croom costs about 9.7 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Croom's population growing?
The population of Croom has grown about 30% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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