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 › Faraday Rd
$740,000
Last sold
9 Nov 2019
3
Bedrooms
2
Bathrooms
2
Car spaces
454 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
$740,000
9 Nov 2019 · derived via latest_sale
Local land rate: recorded House sales in Croydon South (last 5 years) with land size have a median of $1,478/m² of land (n=64). 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
-14.9%
Median sale
Suburb $870,000
+0.62 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 CroydonSOLD BY JAMES BROUGHAM. PH: 0412 620 498.
This stylishly renovated property promises to delight the senses with its unrivalled quality spread across a single-level floorplan, affording a hint of luxury living every day.
From the striking rendered facade to the chic interiors, everything about this superbly refurbished home is designed to intrigue. A new decking invites you into a fresh and appealing interior featuring the modern concept of open-plan living, with ample windows to attract natural light and offering a tranquil outlook to the garden. The inclusion of a gas log fireplace and polished floorboards are harmoniously balanced by the chalky white walls, creating a relaxing atmosphere.
The kitchen is sleek, smart and highly functional, offering the latest trends with the adoption of a white-on-white finish and stainless steel appliances including an electric oven, gas stove and Miele dishwasher. A combination of soft-close and pot drawers afford ample storage while stone benchtops team up with glossy 2pac cabinetry, resulting in an appreciable finish. Meanwhile, pendant lights create a sense of warmth over the island bench, which doubles as a breakfast bar.
Adjoining the kitchen, the dining area is underpinned with large format tiles and opens up through double-stacker doors to an enviable alfresco featuring a lofty pitched roof. The seamless transition between the indoors and outdoors is ideal when entertaining, as is the placement of the enclosed remote double carport, which extends the available outdoor living space when hosting larger events.
Adorned with warm polished floorboards, the master comprises a superbly fitted walk-in robe complete with shoe racks and drawers, in addition to a contemporary luxury full ensuite incorporating a walk-in rain shower with a wall niche, square profile tapware, stylish stone-topped vanity, modish towel rack and large format floor-to-wall tiles.
One of the two additional robed bedrooms makes use of its direct access to the alfresco while both are serviced by the main bathroom where the thoughtful spatial arrangement is key to the design. Showcasing a freestanding deep-soak bath, walk-in rain shower and toilet, the bathroom repeats many of the same quality design elements of the ensuite.
Boasting a north-facing orientation, other highlights list as; enclosed front yard, large separate laundry with storage, gas ducted heating, air-conditioning, timber venetians and vogue double vision blinds, full landscaping, updated fencing, water tank and shed. An inspection is the only way to truly discern the scope of the extensive work that has been carried out. Practically everything is new!
This residence is situated just a short walk from The Mall shopping strip, Woodland Park with barbeque area and playground, Pinjarra Kindergarten, Tinternvale Primary School, as well as being in close reach of Merrindale Shopping Centre, Dorset Primary School, Tintern Grammar, Ringwood East Railway Station, Croydon Memorial Pool, EastLink freeway, BMX track and hospitals.
This low-maintenance home will appeal to the retiree, downsizer, first-home buyer, family and investor. The only thing left to do is move in and enjoy.
Listing description written by James Brougham, Barry Plant Croydon — reproduced as published, not verified by Districts.