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Croydon, NSW 2132

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Croydon, NSW 2132 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Croydon, NSW 2132”

  1. The total adult population (15 years or older) of Croydon 2132 NSW is 9,063, with a median age of 42. Of those, 48.39% are married, 9.27% are divorced or separated, 36.09% are single and 6.22% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $10,104. The median monthly mortgage repayment for households in this suburb is $2,700 which is 26.72% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Croydon, postcode 2132, is located in NSW and has a thriving community of approximately 4428 households. As of the third quarter of 2023, the average property price for houses in the area is estimated at around $2,074,132, providing a median weekly rent of $770. These figures indicate a yield of approximately 1.93%, somewhat below the key 3% benchmark for yield-focused investors, it implies that the rental returns relative to the property value are slightly low.

    In terms of socio-economical wellbeing or advantage, Croydon scores an impressive 1080 out of 1217 on the IRSAD scale, suggesting that the population has good access to economic resources and opportunities. When we consider the renter to owner percentage, just 28% of properties are rented. This metric, being under 30%, hints at a strong presence of owner occupiers creating a stable and attractive neighbourhood.

    Scrutinising the distribution of the types of homes within Croydon, it appears that there’s a balanced spread with units accounting for just 32% compared to houses. This suggests less competition among landlords for tenants and can ensure more stable rental yields.

    However, a potential area of concern is the suburb’s rather high affordability index of 80 years. This denotes that it would require numerous years of median income to fully cover the expenses of an average property – this potentially could translate to lower demand from first-time house buyers due to the reduced affordability.

    When we look to supply indicators, Croydon is in a commendable state. It only has 0.07% of stock on the market and a low inventory level of 0.43 months, which are very favourable metrics showing that demand is outstripping supply. Meanwhile, the building approvals Ratio sits at a moderate 1.21% implying a slow but steady growth in new supply that is unlikely to disrupt the market in the short term.

    The area is undoubtedly attracting interest from buyers, with properties staying on the market for a short span of 18 days. In addition, Croydon maintains a balanced vacancy rate of about 2.07% suggesting that there is an adequate demand for rental properties.

    Lastly, the buy search index score of 4 points towards a solid, if not exceptional, level of demand for properties within Croydon.

    In a nutshell, Croydon is definitely worth consideration for property investors, offering some positive metrics. However, market observers would do well to keep an eye on its affordability index. Various factors can act in harmony or discordance and thus a tool like HtAG Analytics’ Relative Composite Core (RCS) can simplify the analysis by utilising more than 80 metrics to provide a thorough market understanding.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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