This prime development opportunity on approximately 840m2 is positioned at the Ringwood East end of Croydon, enjoying close proximity to a choice of quality schools, hospitals, Eastland, two train stations and regular bus service.
The substantial allotment is essentially level, providing a blank canvas from which to create a 2-lot subdivision or build your brand new family home with plenty of room for everything you want (STCA). Whichever path you choose, the effort is certain to reap handsome rewards.
The close proximity to Eastlink and the new Ringwood hub ensure that your every need will be catered for, and first class road connections that span from Frankston to the CBD, the beautiful Yarra Valley and beyond ensure ease of movement around Melbourne. Without doubt this is a high-potential opportunity that cannot be overlooked.
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 16,006 properties. Over the last 5 years, Houses in Croydon have seen a 13.29% increase in median value, while Units have seen a 18.63% increase. As at 31 March 2026:
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