SOLD
Sold on 07 Mar 2024 for $5,350,000

Sigma Drive
Croydon South VIC 3136

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 52m2
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Property Details for Sigma Dr, Croydon South

Building Type
Commercial
Land Size
52m2
Local Government
Maroondah
Lot/Plan
S22/PS739948

Last Listing description (May 2019)

CVA Property Consulants are pleased to present 12 brand new warehouse properties located within the popular Merrindale Business Estate. The property is easily accessed from surrounding arterial roadways such as Canterbury Road, Mt Dandenong Road and Dorset Road.
Property features:
- 6x 125m* warehouses

- 2x 174m2* warehouses (Frontage to Sigma Drive)
- 2x 123m2* warehouses
- 2x 203m2* warehouses (At rear)
- High internal clearance
- Container height electric roller doors
- Kitchenette and amenities
- On site parking
- Impressive modern design
- Units 1, 2, 11 & 12 have mezzanine offices
Please contact CVA Property Consultants for more information.

Property History for Sigma Dr, Croydon South, VIC 3136

A timeline of how this property has performed in the market
Last Sold
$5,350,000
07 Mar 2024
Listed for Rent
24 Jan 2019
  • 07 Mar 2024
    Sold for $5,350,000
  • 02 Oct 2018
    Listed for Rent - Price not available
  • 15 Aug 2018
    Listed for Sale From $325,950
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About Croydon South 3136

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 2,401 properties. Over the last 5 years, Houses in Croydon South have seen a 34.57% increase in median value, while Units have seen a 21.12% increase. As at 31 August 2024:

  • The median value for Houses in Croydon South is $946,141 while the median value for Units is $776,623.
  • Houses have a median rent of $615 while Units have a median rent of $580.
There are currently 7 properties listed for sale, and 1 property listed for rent in Croydon south on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Croydon south.

Suburb Insights for Croydon South 3136

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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.