FOR SALE
$650,000 - $700,000

37 & 37a Dorset Road
Croydon VIC 3136

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 861m2
Auction Time
Sat 14 Dec 10:30 am
Inspection Times
No upcoming inspections scheduled.
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The Start of Something Beautiful

Over the last 5 years, Croydon's median value has been steadily climbing as new housing districts have taken shape around the former Croydon Golf Club. This prime 861sqms (approx.) on the service road provides vision for a park side future close to the wetlands, walking tracks, playgrounds and The Range Boulevard housing estate.
Like several new neighbouring town houses, there's scope to build 2 to 3 new dwellings (STCA) along the length of the deep block which currently houses a family home and a separate unit with its own kitchen and bathroom. With a good clean and a bit of a patch up, the existing homes could be leased out while you make plans to reinvigorate this generous lot just a few doors down from the park, close to children care centres, local takeaway, Croydon train station, Eastland and a choice of public and private schools including Manchester Primary, Yarra Valley Grammar and Billanook College.
The wide 18m+ frontage and potential for mountain views with double storey elevation (STCA) makes this highly desirable for a savvy investor keen to add much-needed housing supply to the leafy outer-east, especially in a suburb that has increased its median value from $722K in 2019 to $940K in 2024 (Source: REIV 2024 Q3).
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Property Details for 37 & 37a Dorset Rd, Croydon

37 & 37a Dorset Rd, Croydon is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 861m2. The place is currently for sale with OBrien Real Estate - Blackburn.

Building Type
House
Land Size
861m2

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About Croydon 3136

The size of Croydon is approximately 14.1 square kilometres. It has 52 parks covering nearly 13.7% of total area. The population of Croydon in 2011 was 23,552 people. By 2016 the population was 26,958 showing a population growth of 14.5% in the area during that time. The predominant age group in Croydon is 30-39 years. Households in Croydon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Croydon work in a professional occupation. In 2011, 71.3% of the homes in Croydon were owner-occupied compared with 70.1% in 2016.

Croydon has 15,748 properties. Over the last 5 years, Houses in Croydon have seen a 20.68% increase in median value, while Units have seen a 14.82% increase. As at 31 October 2024:

  • The median value for Houses in Croydon is $934,634 while the median value for Units is $661,302.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 16 properties listed for rent in Croydon on OnTheHouse. According to CoreLogic's data, 631 properties were sold in the past 12 months in Croydon.

Suburb Insights for Croydon 3136

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Anthony Molinaro
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Frank Molinaro
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OBrien Real Estate - Blackburn
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.