Croydon is a small community in South Australia within the Charles Sturt local government area (postcode 5008). With a population of 1,220, the suburb has a settled mid-life population with a median age of 42. Households earn a median income of $96K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Italian.
The median house price in Croydon is $1.6 million, having edged higher by 0.9% over the past year. The current median weekly rent is $478. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,985.
Public transport access includes 1 rail station, 3 bus stops. The crime rate in the Charles Sturt LGA is moderate at 7,705 incidents per 100,000 population.
From an investment perspective, Croydon shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are above the state median ($1.6M/$950K), placing it in the premium segment. The price-to-income ratio of 16.2x is considered stretched. House prices have moved +0.9% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.