Croydon Hills VIC Property Investment
Maroondah · 3136 · Score: 63/100 · Hold
Croydon Hills Short-Term Rental (Airbnb) Market
Croydon Hills VIC Investment Brief
HOLD — 3.2% gross yield on a $1,016,000–$1,200,540 (sources disagree, range shown — do NOT quote a single number) median.
THE MARKET
Croydon Hills has compounded at 5.8%/yr over 5 years. Median sits in the $1,016,000–$1,200,540 (sources disagree, range shown — do NOT quote a single number) band today. Properties are sitting on market for 32 days (roughly balanced conditions).
- Median house: $1,016,000–$1,200,540 (sources disagree, range shown — do NOT quote a single number) | Units: $900,466
- Gross yield: 3.2% | Net yield: 1.8%
- 5yr price CAGR: 5.8%/yr | 3yr forecast: 11.2%/yr
- Population: 4,839 | Owner-occupier rate: 74% | Affluence: High
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 2.2% (improving) | Rental demand: High
- Median weekly rent: $745/wk | Days on market: 32 (stable)
- Balanced market — vacancy manageable but monitor trend.
SHORT-TERM RENTAL
- Median nightly rate: $428/night | Occupancy: 48%
- Estimated annual STR gross: ~$74,898/yr
- vs long-term rent: $38,740/yr (+93% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- Angliss Hospital Expansion (Under Delivery)
- Transport: Standard suburban transport access
BULL CASE
If Croydon Hills maintains 3%+ annual growth and vacancy stays below 1.5%, median prices could reach $1,370,983 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Croydon Hills pull back 10-15% from $1,192,159, with vacancy rising to 4.0% and rental yields softening as tenants gain leverage.
KEY RISKS
- No significant risk factors identified for this suburb
COMPARABLE MARKETS
- Springvale (VIC): $966,000 median, 3.2% yield, 9.1% 1yr growth
- Lake Gardens (VIC): $910,973 median, 2.8% yield, -4.7% 1yr growth
- Springvale South (VIC): $862,471 median, 3.9% yield, 4.4% 1yr growth
THE PLAY
Croydon Hills offers balanced fundamentals but does not present an urgent buying signal. The market is in a stable phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.
- Entry range: $1,072,943 – $1,311,375
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy dropping below 2% and days on market holding under 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 5.8% + 10yr CAGR 5.8%
- +Low rental vacancy (2.2%) — constrained supply
- −High supply pipeline (3115 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
884
2020
546
2021
655
2022
675
2023
355
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 3136
Decile 7 of 10 — Average
Population
46,296
Education (IEO)
8/10
Econ. Resources (IER)
7/10
10-Year Investment Projection
Modelled on Croydon Hills VIC data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $745/wk median rent for Croydon Hills. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
Analyse a Property in Croydon Hills
Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Croydon Hills.
Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.