Property Details for 24/24a-B Norman Rd, Croydon
24/24a-B Norman Rd, Croydon is a 4 bedroom, 2 bathroom House with 3 parking spaces.
Last Listing description (January 2018)
Occupying a huge acre (1001m2 approx.) block, this rustic-infused residence offers unique dual accommodation, currently leased at a combined $2433 per month and separately metered, not only does this property offer a sterling return, there's also potential to develop into a multiple-unit site being located within General Residential Zone - Schedule 1 (GRZ1).
Set behind a fence and boasting separate driveways with ample off-street parking, there's also an opportunity to renovate the home to maximise the return, in addition to the possibility of moving in and utilising the other accommodation for extra income, or the perfect in-laws/dependent living option.
24A offers two large bedrooms including a master with built-in robes, in addition to a functional bathroom and a combined lounge/dining with polished floors adjoining the fully-equipped kitchen featuring; Westinghouse electric wall oven, gas hotplate, dishwasher, as well as ample storage and bench space. Furthermore, the abode also impresses with gas ducted heating, separate laundry and covered patio overlooking the large backyard. High ceilings and sash windows throughout add yesteryear charm to both units.
Set within walking distance to Croydon Central, St. John's Kindergarten, Croydon Primary School, Melba College, Silcock Reserve with barbeque area and playground, as well as just a brief commute to Croydon Railway Station, The Good Shepherd Primary School, Yarra Valley Grammar and EastLink freeway.
Whether you're an investor in search of a solid long-term investment or developer/builder looking for their next project, this character weatherboard offers a lucrative future.
Property History for 24/24a-B Norman Rd, Croydon, VIC 3136
- 24 Oct 2017Listed for Sale $750,000 - $795,000
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0About Croydon 3136
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 16,003 properties. Over the last 5 years, Houses in Croydon have seen a 8.56% increase in median value, while Units have seen a 16.61% increase. As at 30 April 2026:
- The median value for Houses in Croydon is $984,354 while the median value for Units is $705,157.
- Houses have a median rent of $650 while Units have a median rent of $580.
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