5 Norman RoadCroydon VIC 3136
Property Details for 5 Norman Rd, Croydon
5 Norman Rd, Croydon is a 6 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1109m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 6 bedroom House sold in Croydon in the last 12 months.
Last Listing description (August 2024)
Whether you're looking to embark on a renovation project or plan a new multi-residential development (STCA) this property on approximately 1,109sqm offers unmatched potential and versatility. Located in a peaceful and family-friendly neighbourhood surrounded by long-term residents, it enjoys walking distance to buses, Silcock Reserve, Croydon Primary School, Croydon Central shopping centre and Croydon's Main Street with speciality stores, eateries, cafes and train station. A great selection of reputable schools, medical facilities and recreation reserves are also within easy access by a short commute.
- A generous 1,109sqm approximate rectangular allotment
- The large allotment size and prime location make it a standout candidate for a multi-residential project (STCA)
- While the home requires restoration, it presents an excellent opportunity for a savvy renovator seeking their next project
- Alternatively, developers can capitalise on potential rental income while awaiting council approval for plans and permits
- The spacious dwelling comprises 6 bedrooms including a master with ensuite and floor-to-ceiling wardrobes, a front lounge, central kitchen with adjoining meals area, a very expansive rear rumpus with a woodfire coonara, split system cooling and dual access, one of which opens to a covered patio
- For tradies and hobbyists, an oversized single garage provides ample space for a workshop or tool storage
- A quiet position surrounded by long-term residents, adds to its appeal for families and community-focused living
Property History for 5 Norman Rd, Croydon, VIC 3136
- 31 Aug 2024Sold for $956,000
- 21 Aug 2024Listed for Sale $900,000 - $990,000
- 21 Feb 2007Listed for Rent - Price not available
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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 15,652 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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