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 › Homer Ave
$1,370,000
Last sold
5 Feb 2022
4
Bedrooms
2
Bathrooms
1
Car spaces
862 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
$1,370,000
5 Feb 2022 · derived via latest_sale
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
+57.5%
Median sale
Suburb $870,000
-1.29 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 Eastern GroupOn-site and online auction
Anywhere Auctions – register to bid via link below
https://anywhereauctions.com.au/app/property?propertyId=20505
Drawing you in with the beauty of its classic weatherboard façade, this charming family home packs a pleasant surprise with its extraordinary interior renovations, fresh paint, and light-filled living spaces. There’s no work left to do; simply move right in!
At the heart lies a stunning open-plan kitchen—a stone island bench and built-in buffet combine with 900mm Black enamel SMEG stainless steel electric oven with 5 burner gas stove to deliver gourmet meals for all. The butler’s pantry doubles as a laundry room for maximum efficiency, and that’s just the beginning of this home’s exquisite amenities.
A set of French doors open the space out onto a brand new, north-facing deck overlooking sprawling back gardens. Imagine the joys of hosting alfresco dinner parties as the kids entertain themselves on their very own home-playground. You’ll also be able to serve home-cooked meals made with organic produce fresh from your vege patch! There’s even potential here for future subdivision (STCA).
Back inside, two additional living spaces include a rumpus that can serve as a 5th bedroom, plus a lounge/office with renovated timber panelling and fireplace perfect for cooler months. Three bedrooms all come with BIR storage and enjoy access to a renovated bathroom showcasing a marble vanity and free standing bathtub. The master indulges in its own ensuite, walk-in robe, and separate access to the outdoor deck for those soothing early-morning sunrises or evening drinks. Other impressive features include: gas ducted heating, split system heating and cooling, a secure lockup garage, and off-street parking for up to three vehicles.
When you choose this home, you also choose a great neighourhood and premium location close to shops, parks, and transport. Eastfield Shops, Olympus heights shops, and a multitude of closely located supermarkets cover all your shopping bases, while Eastfield and other Parks are moments away. A great selection of schools are available in Dorset Primary, Heathmont College, Yarra Valley Grammar and Tintern, while buses on Eastfield & Dorset Roads and trains at Ringwood East & Croydon Station provide abundant public transport options. For a modern lifestyle of luxury and convenience, look no further.
***PhilipWebb Real Estate Coronavirus Update***
The health of our valued clients and staff is our highest priority. Please note the following changes to our open for inspection processes:
• QR codes will be used to check in
• Our agents and any other employees of the agency at the opens are fully vaccinated.
• Density quotients will apply
• Please maintain safe social distancing of 1.5m from anyone in attendance
• Avoid touching surfaces including fittings and fixtures within the property
• Hand sanitiser is provided
We kindly ask that you refrain from attending an inspection if you:
• Are experiencing flu-like symptoms
• Have tested positive to, or have recently been in contact with someone diagnosed with Coronavirus
• Have recently travelled overseas or have been in direct contact with someone who has
Listing description written by Joseph Corsi, Barry Plant Eastern Group — reproduced as published, not verified by Districts.