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
$872,000
Last sold
19 Feb 2025
3
Bedrooms
1
Bathrooms
0
Car spaces
588 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
$872,000
19 Feb 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Croydon South (last 5 years) with land size have a median of $1,473/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
+0.2%
Median sale
Suburb $870,000
-0.01 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 Professionals Outer EastIMPORTANT NOTICE:
In line with the Victorian Government mandate and DHHS directions, open for inspection attendees must check-in via QR code prior to entry. Face masks must be worn when entering a property. Thank you for your understanding.
This beautifully finished home sits on a convenient corner block close to shops and parks. Renovated to perfection, the home boasts the comfort of plush carpets, ducted heating, split system cooling and ceiling fans. Modern floating floors flow throughout the vast open living and dining zone, with pendant lighting, downlights and precise attention to detail ensuring style, function and contemporary appeal. The kitchen is an entertainer’s dream, with huge benches, a breakfast bar, ample storage and a servery to the deck. The bathroom is equally modern, boasting a frameless shower, floating vanity and freestanding bath. Add to this the al fresco deck, low maintenance yard, recently rendered exterior secure parking space for two cars plus addition parking at the front of the home, and you’ve got the ultimate in carefree living!
• Enviable corner block location offering a recently rendered and renovated home
• Light-filled and welcoming entry hall
• Large and well-equipped kitchen with breakfast bar, large fridge cavity (plumbed), stainless steel appliances including Bosch dishwasher and freestanding oven and gas cooktop, plenty of drawer storage (soft close), plus ample bench space, cupboards and a bi-fold servery to the deck
• Large open plan lounge and dining zone, flooded with natural light and offering floating floors, bi-fold doors to the deck, downlights, fireplace, pendant lighting, large split system, window seat and blockout blinds
• Master bedroom features plush carpets, ceiling fan, mirrored double wardrobe, pendant lights and blockout blinds
• Second bedroom features plush carpet, ceiling fan, pendant lights and mirrored double wardrobe plus roller blockout blinds
• Third bedroom features plush carpet, ceiling fan, pendant lights and mirrored double wardrobe plus roller blockout blinds
• Contemporary bathroom with deep, freestanding bath, frameless shower (waterfall and handheld heads) and floating vanity with varnished Tasmanian Oak bench top
• Powder room with skylight
• Linen press
• Ducted heating
• Functional laundry with hanging space and loads of storage
• Large al fresco Merbau deck with yard outlook
• Neat and low maintenance lawn in the rear yard, with freshly planted grasses and fresh mulch
• Storage shed
• Fresh stones to the side and front yards
• Secure parking for two cars plus plenty of parking at the front of the home
• Across the road from Belmont Park (tennis courts, playground and oval)
• Eastfield Shopping Centre a short drive
• Ten minute drive to Eastland and Eastlink
SMS "29OLYMPUS" to 0488 825 944 for more information
FURTHER CONTACT
By enquiring on or inspecting this property, you agree to receive further marketing information from us about other properties. To opt out of this, please contact our office on 9736 3999
Listing description written by Ben Weeks, Professionals Outer East — reproduced as published, not verified by Districts.