Croydon South

Croydon South has a total population of 4759 residents, with a diverse age distribution. The suburb offers a mix of housing options suitable for families, professionals, and retirees. The median household income is $1,876 per week. Commuting options include train and motor vehicle, with a significant proportion of residents working from home. For houses, Croydon South presents an opportunity for investors interested in renovating properties, with a high sale price IQR ratio and decent rental yield. The market absorption rate indicates steady demand, and the suburb has shown consistent median growth over the years. For units, while the sale price IQR ratio is lower, there is potential for buyers seeking more affordable options with rental opportunities. Croydon South, VIC 3136, is a well-established suburb with a balanced demographic profile and various amenities catering to residents' needs. The housing market offers opportunities for both investors and homebuyers, with different advantages for houses and units. The suburb's convenient location and lifestyle options make it an attractive choice for those looking to settle in a vibrant community. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022