152-154 Dorset Rd, Croydon is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 909m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Introducing an unparalleled development opportunity within the real estate market: a generously sized 1,840 square meter (approx.) property featuring a four-bedroom house, complemented by existing plans and permits. This offering presents an extraordinary chance for builders, developers, and discerning investors to promptly capitalize on.Nestled at the esteemed upper echelon of Dorset Road in Croydon, this property showcases an expansive double frontage spanning approximately 36.7 meters along Dorset Road, affording remarkable potential for a multi-unit development alongside breathtaking mountain vistas. Positioned within one of the most coveted locales, it offers seamless access to essential amenities and infrastructure. Conveniently situated less than a 5-minute drive from Croydon and Mooroolbark train stations, with bus stops lining Dorset Road for easy commuting to Melbourne. Moreover, swift access to Maroondah Highway and EastLink further amplifies the property's allure.Beyond its exceptional development prospects, this extensive land parcel also features a family home ripe for enhancement through cosmetic renovations. As an astute investment, immediate tenancy is achievable. Notable attributes of the existing residence encompass four bedrooms with built-in robes, a spacious lounge, family room, formal dining area, rumpus room, laundry facilities, linen cupboards, pantry, two split systems for climate control, double garage, and outdoor amenities including decking and a pergola for leisurely pursuits.This property epitomizes a rare opportunity for individuals seeking to leverage a premium development site, bolstered by pre-existing plans and permits, all within a highly sought-after locale.
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 2016 was 26946 people. By 2021 the population was 28608 showing a population growth of 6.2% 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 2021, 69.80% of the homes in Croydon were owner-occupied compared with 70.10% in 2016.
Croydon has 16,013 properties. Over the last 5 years, Houses in Croydon have seen a 22.54% increase in median value, while Units have seen a 24.56% increase. As at 31 December 2025:
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