34 Norman Road, Croydon VIC 3136
34 Norman Road, Croydon VIC 3136
34 Norman Road is a 3 bedroom, 1 bathroom single level house on a 637sqm corner block with a separate studio and 2 car spaces, built in 1970 and fully renovated.
This property stands out for its combination of a generous corner block and a high quality renovation, which is rare in Croydon where most homes of this age are either untouched or only partially updated. The separate studio with water connection, currently used as a home salon, adds a flexible space that appeals to buyers wanting a home office or side income potential. The approved plans for a future double storey residence give this property a development edge that most renovated houses in the area lack. It serves best a buyer who wants a move in ready home now but also values the option to build later, or a family needing adaptable space near transport and shopping.
The corner position provides excellent natural light and dual access but may also mean more street exposure and noise than a standard lot. The single bathroom could be a constraint for families or future resale in a suburb where two bathrooms are becoming more common. The 1970 footprint, while renovated, may limit how the interior flows compared to a newer build. The approved development plans add value but a buyer should confirm the permits are current and assess the cost of building. These factors may influence how the price compares to other renovated houses in Croydon.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Norman Road, Croydon VIC 3136
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
637m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!