Croydon South at a glance
5,186
People
$870,000
Median sale
$592/wk
Median rent
3.54%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Croydon South › Olympus Dr
$1,121,000
Last sold
14 Sept 2024
4
Bedrooms
1
Bathrooms
4
Car spaces
864 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,121,000
14 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Croydon South (last 5 years) with land size have a median of $1,483/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
Croydon South at a glance
5,186
People
$870,000
Median sale
$592/wk
Median rent
3.54%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Croydon South
+28.9%
Median sale
Suburb $870,000
-0.79 pp
Gross yield
Suburb 3.54%
Suburb median $870,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $592/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Croydon South at a glance
5,186
People
$870,000
Median sale
$592/wk
Median rent
3.54%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant CroydonAll offers to be presented 7pm Saturday 14th September.
Contracts and Sec 32 available on request.
Private inspections available.
An irresistible mix of sunlit space, modern elegance and effortless indoor-outdoor style, this exquisitely rejuvenated entertainer delivers breathtaking beauty where quality is a constant and every detail has been painstakingly considered.
Infused with modern design aesthetics, the home steps inside where a gorgeous lounge and dining room is enriched with an elegant Victorian-style gas log fire, while large windows frame picturesque views across the wide verandah to the low-maintenance front garden.
Draped in sparkling stone benchtops, the galley style kitchen awaits the avid master chef and offers sophisticated stone splashbacks, Smeg appliances (oven, microwave and gas cooktop), Westinghouse dishwasher, double stainless-steel sink plus ample cupboard storage.
Thoughtfully planned to maximise northern light, the spacious family room is placed under a towering cathedral ceiling and adorned with glorious clerestory windows, with sliding doors extending the space outside onto an alluring alfresco with ceiling fan, combustion fire and pizza oven, and accompanied by an attractive backyard featuring child-friendly lawn and established gardens.
All four bedrooms are well-proportioned, with two of the bedrooms fitted with built-in-robes, while the third bedroom offers a walk-in-robe, serviced by a fully-tiled family bathroom with large shower and toilet, plus a second toilet and full-sized laundry.
Glamorously appointed and equipped with high ceilings, ducted heating, gas wall heating (family room), evaporative cooling, ducted vacuum, two water tanks, garden shed, double carport plus an oversized double garage with large workshop space.
Its location offers complete lifestyle convenience; situated opposite Belmont Park and within walking distance to Eastfield Park, walking trails, bus services, Merrindale shops and eateries. It's also only a few minutes' commute to kindergartens, Dorset Primary School, Tinternvale Primary School, Melba Secondary College, Tintern Grammar, Swinburne TAFE plus the vibrant shopping hubs and train stations of Croydon and Ringwood East.
Listing description written by David Stewart, Barry Plant Croydon — reproduced as published, not verified by Districts.