Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Croydon › Diane Cres

U1, 48 Diane Cres, Croydon VIC 3136

For saleTownhouse

$790,000–$845,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

367 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $790,000–$845,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $790,000–$845,000(Listing record · 5 Mar 2026)
  • FactLand 367 m²; no building size recorded.(Property record)
  • CalculationAsk is 13% below the Croydon median recorded sale ($910,000, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Croydon's advertised median rent ($553/wk), implied gross yield would be 3.64% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$790,000–$845,000

Asking range · $2,153/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.

See the full Croydon report →

Vs Croydon

-13.2%

Median sale

Suburb $910,000

+0.48 pp

Gross yield

Suburb 3.16%

Suburb median $910,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$790,000
Stamp Duty (Victoria)
$42,470
Transfer/Registration Fee
$1,953
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$838,123

$48,123 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

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.

Net yield
2.14%
Annual cashflow (pre-tax)
$-24,174
Interest cover (DSCR)
0.41
Annual rent
$28,756
Operating expenses
$11,850
Loan amount
$632,000
Annual interest
$41,080
Gross yield
3.64%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$790,000–$845,000available5 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Croydon in one glance

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.

See the full Croydon report →

Keep researching

  • Why Croydon? Read the area thesis →
  • What else is on the market in Croydon →
  • Other records on Diane Cres →

Listing material

Listed by Ray White Ferntree Gully

Stylish Double Storey Residence with Sunroom and Spacious Living

Positioned at the front of a boutique complex of three residences, this well presented double storey home offers spacious interiors, modern finishes and a functional layout suited to comfortable everyday living.

The home showcases a combination of exposed brick and rendered façade, creating a distinctive street presence. A secure coded entry provides access through the front door, while a tiled entryway welcomes you inside. Internal access to the double garage adds practicality and convenience.

A short set of stairs leads to the main living zone where an open plan kitchen, meals and family area is enhanced by timber flooring and large windows that allow natural light to flow throughout the space. The kitchen is designed with entertaining in mind, featuring a stone waterfall island bench, stone benchtops and a marble splashback. Quality appliances include a Blanco four burner gas cooktop, Blanco electric oven and an Asko dishwasher.

Read the full description

Adjacent to the main living area is a sunroom offering additional space for relaxing or entertaining. This inviting area includes a wood burning fireplace, a built in bench and a Mitsubishi split system, creating a comfortable setting throughout the seasons.

The home offers three bedrooms and two bathrooms. The master bedroom is located on the ground floor and features carpet flooring, a large window with roll down blinds and curtains, a walk in robe and a private ensuite. The ensuite includes floor to ceiling tiles, a stone benchtop vanity with single basin, a large shower with handheld shower head and an electric toilet with bidet functionality.

Upstairs, two additional bedrooms include mirrored built in robes and carpet flooring. The central bathroom features a bathtub, shower and single stone vanity, while a separate powder room provides additional convenience. A European style laundry is also located upstairs, neatly positioned behind a door.

Additional comfort is provided by ducted heating throughout the home and split systems located in the dining area, sunroom and master bedroom.

Outside, the property offers a spacious fenced front yard, providing an outdoor area to enjoy, while the low maintenance design means there is more time for you.

Features:

• Front unit in boutique complex of three

• Double storey residence

• Double garage with internal access

• Exposed brick and rendered façade

• Security code entry front door

• Tiled entryway

• Timber flooring in open plan living

• Open plan kitchen meals and family area

• Stone waterfall island bench

• Stone kitchen benchtops

• Marble kitchen splashback

• Blanco four burner gas cooktop

• Blanco electric oven

• Asko dishwasher

• Split system in dining area and master

• Sunroom with built in bench seating and wood burning fireplace

• Mitsubishi split system in sunroom

• Ducted heating throughout

• Three bedroom home

• Carpeted bedrooms

• Ground floor master bedroom

• Master with walk in robe

• Ensuite with floor to ceiling tiles, shower and stone vanity

• Electric toilet with bidet function

• Main bathroom with bath and shower

• Separate powder room upstairs

• European laundry upstairs

• Spacious fenced front yard

Location:

Conveniently located within walking distance to Mooroolbark Station and Esther Park. The home is also close to Manchester Primary School, Mooroolbark College, Bimbadeen Heights Primary School, Mooroolbark Terrace Shopping Centre and Yarra Hills Secondary College, providing excellent access to schools, parks and shopping amenities for families.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Listing description written by Connor Pinnington, Ray White Ferntree Gully — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Heating
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.