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Croydon North, VIC 3136
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,125,000
market range $1.0M-$1.1M
Median Unit
$715,000
market range $675K-$750K
Gross Yield (houses)
3.6%
1yr Growth (houses)
+0.8%
market range -10.0% to +12.5%
Investment snapshot for Croydon North
Croydon North has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Croydon North market and investor summary
Croydon North (VIC 3136) runs a median house price of $1.1M, with houses yielding a gross 3.6%. House prices have moved +0.8% over the past year. At 1.6% 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 3.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.
Living in Croydon North: people, income and schools
Croydon North is home to around 8,092 people, a number that has held fairly steady over five years. The median age is 40, skewed a little older, and 81% 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 $112,000 a year, or roughly $2,160 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 10.0 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.
There are 40 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 29 km from the CBD. It is fairly car-dependent; the suburb scores 38 for walkability and 16 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.
- Population
- 8,092
- +2% over 5yr
- Median age
- 40 years
- Median household income
- $112,000/yr
- Households renting
- 19%
- Family households
- 53%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 40
- avg ICSEA 1094
- Unemployment
- 4.0%
- Distance to CBD
- 29 km
- Walk score
- 38/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Croydon North
View all →Frequently asked questions about Croydon North
What should I check before investing in Croydon North?
Croydon North has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Tight rental market (1.6% 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 Croydon North?
The median property price in Croydon North, VIC 3136 is $1.1M for houses and $715K for units.
What rental yield does Croydon North show?
The gross rental yield in Croydon North is 3.6% for houses and 4.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Croydon North?
House prices in Croydon North are up 0.8% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Croydon North?
The current vacancy rate in Croydon North is 1.6%. 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 Croydon North?
Croydon North has a population of approximately 8,092 residents, with a median age of 40.
What schools are near Croydon North?
There are 40 schools within roughly 5km of Croydon North. 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 Croydon North affordable to buy in?
A median house in Croydon North costs about 10.0 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 Croydon North's population growing?
The population of Croydon North has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Croydon North from the CBD?
Croydon North is about 29 km from the CBD.
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