11/18-28 Alfrick Road, Croydon VIC 3136

11/18-28 Alfrick Road, Croydon VIC 3136
Rear complex position | 3 bed 2 bath unit | $595pw rent estimate | No bushfire or flood overlay | Maroondah LGA This unit’s rear position within the complex offers a privacy advantage rare in Croydon’s medium-density market, combined with a functional three-bedroom two-bathroom layout that suits owner-occupiers seeking space without land maintenance. The absence of bushfire or flood overlays removes a common buyer concern in the area, while the reliable NBN and 5G coverage support remote work capability. The property is best suited to a downsizer or first-home buyer who prioritises quiet living over street frontage. The primary risk is the small internal area of 13 square metres per profile data, which may limit appeal to families requiring generous living zones. Buyers should verify actual floor area against comparable units in the complex, as the 2014 purchase price and 2025 comparable sale at $610,000 suggest limited capital growth in this segment. The rental estimate of $595 per week provides a reasonable yield if leasing, but the current active listing at $585 indicates market softness. Hold for stable occupancy rather than short-term appreciation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 11/18-28 Alfrick Road, Croydon VIC 3136
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Market Insight:

Croydon is a stable, high-ownership suburb attracting established families and new buyers drawn by its community appeal and proximity to quality schools and transport. Recent market conditions show strong buyer interest with properties transacting quickly, supported by solid price growth across both houses and units. Future demand is underpinned by ongoing infrastructure improvements and its established amenity, though the market shows some sensitivity with a slight softening in sales activity and longer selling periods compared to prior years.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

1.24 acres

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