Croydon at a glance
30,823
People
$910,000
Median sale
$553/wk
Median rent
3.16%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
VIC › Croydon › Lee Ann Cres
$99,000–$990,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
363 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
Asking
$99,000–$990,000
Asking range · $273/m² of land
No recorded sale for this property.
Croydon at a glance
30,823
People
$910,000
Median sale
$553/wk
Median rent
3.16%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Croydon
-89.1%
Median sale
Suburb $910,000
+25.89 pp
Gross yield
Suburb 3.16%
Suburb median $910,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$6,162 on top of the price (6.2% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Croydon's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $553/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.
Gross yield if leased at the suburb aggregate is 29.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 at a glance
30,823
People
$910,000
Median sale
$553/wk
Median rent
3.16%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Noel Jones Maroondah & Yarra RangesFOR SALE By Fixed Date Wed 9th Sept 12pm (unless sold prior)
PRICE GUIDE: $900,000 - $990,000
Positioned in a quiet and well-connected Croydon pocket, this brand-new townhouse delivers an exceptional standard of modern living, combining premium finishes, generous proportions, and the peace of mind that comes with purchasing a high-quality brand-new home. Whether you're an investor seeking a low-maintenance addition to your portfolio, a young professional looking for contemporary convenience, a growing family requiring flexibility, or a downsizer wanting quality without compromise, this residence offers broad appeal and long-term value.
With an estimated rental return of approximately $790 per week, this brand-new townhouse presents a compelling investment profile supported by strong ongoing tenant demand for modern, low-maintenance properties in well-connected locations. As a newly constructed dwelling, investors may also benefit from significant depreciation advantages across both the building structure and eligible fixtures and fittings, which can assist in improving overall tax efficiency. In addition, when combined with potential rental income, these factors may support a more favourable holding position, including the possibility of negative gearing depending on individual financial circumstances. The property's low-maintenance design, contemporary finishes, and high tenant appeal further strengthen its long-term investment fundamentals.
Bathed in natural northern light, the open-plan living and dining domain is complemented by a beautifully appointed kitchen, showcasing quality appliances including a Westinghouse oven with built-in air fryer, alongside sleek stone finishes, premium cabinetry, and high-end fixtures throughout. The benefits of buying brand new are immediately evident—not only in the quality and presentation, but also in the low-maintenance lifestyle, energy efficiency, and builder warranty protections that provide confidence and security for years to come.
The master suite is conveniently located on the ground floor, offering a private and spacious retreat complete with a walk-in robe and stylish ensuite. Also on this level is a versatile fourth bedroom, nursery, or dedicated home office/study—ideal for professionals working from home, growing families, or those seeking additional flexibility.
Upstairs, a separate retreat provides an additional living zone, accompanied by two well-sized bedrooms with built-in robes and a central bathroom, creating the perfect balance of space and separation for family living, visiting guests, or shared accommodation arrangements.
Stepping outside, a covered decked entertaining area overlooks a spacious backyard—perfect for year-round entertaining, relaxed family living, or creating an inviting outdoor space that will be equally appreciated by owner-occupiers and quality tenants alike.
Additional features include:
• 12kW Mitsubishi zoned heating and cooling
• Double remote garage with internal access
• Water tank and garden shed
• High-end fixtures and fittings throughout
• Builder warranty benefits and the assurance of brand-new construction
Enjoy the ease of a highly convenient location, just a short stroll to Barngeong Reserve, local kindergarten facilities, playgrounds, Esther Park, and nearby bus services. Moments away, you'll find a range of quality schools, along with easy access to Mooroolbark Railway Station.
Whether you're searching for a modern investment with strong tenant appeal, a premium first home, a family-friendly residence, or a low-maintenance downsizing opportunity, this exceptional brand-new townhouse presents outstanding value in one of Croydon's most convenient and well-connected locations.
Disclaimer:
Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.
Listing description written by Liam Hoare, Noel Jones Maroondah & Yarra Ranges — reproduced as published, not verified by Districts.