Croydon Hills is a smaller suburb in Victoria within the Maroondah local government area (postcode 3136). With a population of 4,839, the suburb has an established demographic with a median age of 42. Households earn a median income of $127K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Croydon Hills is $1.2 million, having risen modestly 0.6% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,093.
Croydon Hills is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1123, which is well above the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Maroondah LGA is moderate at 7,515 incidents per 100,000 population.
From an investment perspective, Croydon Hills offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.2M/$875K), placing it in the premium segment. The price-to-income ratio of 9.4x is considered moderate. House prices have moved +0.6% year-on-year.
Croydon Hills is a smaller suburb in Victoria within the Maroondah local government area (postcode 3136). With a population of 4,839, the suburb has an established demographic with a median age of 42. Households earn a median income of $127K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Croydon Hills is $1.2 million, having risen modestly 0.6% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,093.
Croydon Hills is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1123, which is well above the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Maroondah LGA is moderate at 7,515 incidents per 100,000 population.
From an investment perspective, Croydon Hills offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.2M/$875K), placing it in the premium segment. The price-to-income ratio of 9.4x is considered moderate. House prices have moved +0.6% year-on-year.