19 Paul StreetCroydon VIC 3136
Property Details for 19 Paul St, Croydon
Last Listing description (January 2024)
Opportunity to purchase an entry level freehold investment that is cheaper than a unit with double the yield of a residential investment! Leased to a long established and popular cafe until May 2028 + a further five year option at a current rental of $21,600 pa NET with annual reviews of rent. Situated in a bright and busy location opposite KFC and at the junction of Hull and Lincoln road with plenty of parking and rear lane way access this is a must see. Call now for full sale and lease details.
Methven Professionals Group Industrial Commercial Retail Sales Leasing Property Management 9726 8888
Property History for 19 Paul St, Croydon, VIC 3136
- 18 Feb 2024Sold for $487,950
- 10 Jan 2024Listed for Sale $409,950 (no GST)
- 07 May 2021Transferred
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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 15,747 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.
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