3 Banksia Ct, Croydon South is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 868m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Nestled within a quiet court and offering an incredible high aspect, this formerly beloved 3-bedroom home is priced as land value: ready to knock-over and rebuild to create a rare and spectacular new home. Or, undertake a renovation to once again deliver lots of family comfort and convenience. Although in need of serious tough love and attention, take the time and you will be richly rewarded.
Current floorplan showcases a generous lounge and dining room opening to a large balcony with panoramic views over the Yarra Valley and Dandenong Ranges. A spotless kitchen and casual meals zone is complemented downstairs by a spacious rumpus room with an entertainer's bar, a versatile home office/retreat and seamless access to an expansive backyard. The home is enhanced by hardwood floors, ducted heating, split system air-con, garden shed, under house storage and a double garage.
The home is in a central location: a few minutes from Tintern Grammar, Ringwood East Train Station/Shops, several local parks and Croydon Central. It is zoned for Ringwood Secondary Collage and close to Eastland Shopping Centre and Eastlink, with easy access to the Yarra Valley wine region and other elite private schools including Yarra Valley Grammar and Luther College.
The size of Croydon South is approximately 2.6 square kilometres. It has 11 parks covering nearly 3.6% of total area. The population of Croydon South in 2011 was 4,531 people. By 2016 the population was 4,585 showing a population growth of 1.2% in the area during that time. The predominant age group in Croydon South is 30-39 years. Households in Croydon South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Croydon South work in a professional occupation. In 2011, 80.5% of the homes in Croydon South were owner-occupied compared with 78.9% in 2016.
Croydon South has 2,416 properties. Over the last 5 years, Houses in Croydon South have seen a 21.62% increase in median value, while Units have seen a 16.16% increase. As at 31 October 2024:
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