263 Dorset RoadCroydon VIC 3136
Property Details for 263 Dorset Rd, Croydon
263 Dorset Rd, Croydon is a 4 bedroom, 3 bathroom House and was built in 1890. The property has a land size of 842m2 and floor size of 118m2.
Last Listing description (August 2022)
A remarkably rare find this classic heritage property combines potential and position on 861m2 approx. allotment.
The rental appraisal for the main home is $360-$410 p/w and the rear unit is $240-$270 p/w.
With potential to perhaps remove part of the unit at the rear (subject to council approval) and possibly develop - all the while keeping the original homestead to the front means builders/developers and investors could see value here.
The property itself is a timeless 1890 profile with ornate rooms in the main home (facing Dorset Road) is joined by a rear one bedroom private "unit" out the back; both currently earning independent rental incomes. The single-level interior reveals ornate original fittings throughout including decorative high ceilings and a fire place with impressive proportions and scope to restore and allow the character to shine through with some modern trend.
Included are two bedrooms with a large third bedroom or second living room at the back, a central kitchen, ensuite and family bathrooms, a rear study or utility room and an elegant front sitting/lounge room. A single carport and large garden shed/workshop are included, whilst the rear "unit" offers its own garden shed and carport and its own gated, private entrance (off Beryl Street) into the single bedroom with bathroom, small kitchen and living room. A particularly inspiring package for the renovator or investor.
Property History for 263 Dorset Rd, Croydon, VIC 3136
- 19 Apr 2022Listed for Sale Auction $650,000 - $700,000
- 04 Feb 2021Listed for Rent $225 / week
- 21 Apr 2020Listed for Sale $630,000 - $660,000
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0About 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 15,656 properties. Over the last 5 years, Houses in Croydon have seen a 28.96% increase in median value, while Units have seen a 17.46% increase. As at 31 August 2024:
- The median value for Houses in Croydon is $954,805 while the median value for Units is $649,915.
- Houses have a median rent of $590 while Units have a median rent of $530.
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