Unit 1, 26 HOMER AVENUE Croydon South VIC 3136
This property is Off Market
- The Average property price in this area is $1,125,571, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 27.28 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Croydon South
With an average age of 38, households expect an average monthly mortgage payment of $1,817 or a weekly rent payment of $420. The average family earns a weekly income of $1,971 with a typical household size of 2.5 and a 89.66% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Croydon South are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Croydon South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Croydon South the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Public Transport
Mitcham
Croydon
Mooroolbark
Bayswater
Boronia
Lilydale
Upper Ferntree Gully
Ferntree Gully
Ringwood East
Heathmont
General Points of Interest
Wantirna Golf Range
Knox Regional Sports Park
Montrose War Memorial
Lilydale Basketball Stadium
Lilydale Croquet Club
War Memorial
Melbourne School of Theology
Ringwood Golf Course
Swinburne University of Technology - Wantirna Campus
Vermont South Shopping Centre
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 680 asthma sufferers and 174 people living with diabetes. In addition, 236 people have a heart/vascular condition and 365 people live with three or more chronic diseases.A good place to invest in property?
Croydon South a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
56 / 100
52 / 100
Industry
07 / 100
17 / 100
Population
12 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
28 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsDorset Primary School Melba Secondary College
-
Tintern Grammar
Ringwood East, VIC, 3135 Independent Prep-12 -
Croydon Community School
Croydon, VIC, 3136 State 7-12 -
Tinternvale Primary School
Ringwood East, VIC, 3135 State Prep-6
Property Story
Unit 1, 26 Homer Avenue, Croydon South, Vic, 3136 is a residential property with 3 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $1,195,000 while properties of this type typically sell for between $710,000 and $1,050,000 in this suburb. The estimated distance to the sea is 27.28km and 0.38KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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