Question 1

Is Croydon a nice place to live?

Accepted Answer

Croydon is an inner-west Adelaide suburb characterised by leafy, low-rise streets and a strong stock of single-storey villas and workers’ cottages, with pockets of contemporary townhouses and renovated period homes. It has a quiet residential feel while remaining close to the city, and is popular with professionals, young families and people downsizing who want character and convenience. Small parks and reserve spaces punctuate the neighbourhood, and nearby shopping strips and cafés cover everyday needs. Regular public transport and easy access to main roads make commuting straightforward.

The community of 1,220 has a median age of 42 and a typical household income of $1,854 a week. Croydon is weighted towards families and most homes are owner-occupied (73.5%), with renters at about 26.4%. Planned local works at Croydon Avenue Reserve include a new barbecue, additional play equipment and a basketball court renewal. Whether Croydon suits you depends on whether that mix of established housing, local amenities and a community weighted towards families fits what you’re after.

Question 2

Is it expensive to live in Croydon?

Accepted Answer

Renting a house in Croydon runs to about $588 a week. Against a typical local household income of $1,854 a week at the last Census, that means house rent would take about 31.7% of a typical local household's weekly income, which is a sizeable share of income; if you're renting rather than buying, that rent share is the figure that matters when you judge how expensive Croydon feels to you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Croydon a good place to invest?

Accepted Answer

House values in Croydon rose 8.9% over the past 12 months, a solid increase in what a house is worth. Over the same period house rents fell 12.9%, a sharp drop in the rental income those houses are generating.

If capital growth matters most to you, the price movement is the relevant figure; if rental income is your priority, the fall in rents is the number that matters. Whether that balance suits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	8.9%	N/A
Sold Past 3 months	7	N/A
Median days on market Past 12 months	65	N/A
Average rent Past 12 months	$588	N/A
Change in rent Past 12 months	-12.9%	N/A

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