27th November 2018 / Beth Oleyar: Convenience Meets Lifestyle

Situated between Ringwood and Mooroolbark at the foothills of the Dandenong Ranges, Croydon is located less than 30km outside of the city, in the outer Eastern suburbs of Melbourne.

A popular residential area for families and older couples, Croydon's leisurely lifestyle and leafy, green pastures offer a picturesque view of this relaxed, family-friendly suburb.

Featuring all the regular conveniences of the inner city, you'll find a number of local cafes in the area, along with great public transport, excellent schools and an arthouse cinema. Local shopping district, Croydon Central is also scheduled for an upgrade in 2019, giving residents an all-new dining precinct, fresh food outlet, childcare centre and multi-level gymnasium.

With a current median house price of $770,000, the REA Group reports an annual growth rate of 10.9%. The latest market data also suggests there a high demand from people looking to rent houses within the area, with median rent prices at $420 per week on average.

If you're looking for space for the family to spread out, are on the hunt for something to renovate or would like some more information on the Croydon area, don't hesitate to get in touch with the team at Fletchers Maroondah.