386 Maroondah Highway, Croydon VIC 3136

386 Maroondah Highway, Croydon VIC 3136
Period weatherboard | 3-2-4 layout | Jarrah floors | Decorative high ceilings | Highway frontage This period weatherboard is presented as a street-front detached house with preserved Jarrah floorboards and high decorative ceilings, combining old-world character with contemporary luxe finishes. Its 3-2-4 layout offers generous family accommodation, and the four car spaces provide a practical edge for multiple vehicles or a home workshop. The property is best suited to a family buyer drawn to period charm and a convenient main-road location close to schools and amenities. It stands apart from the unit and retirement product along the same corridor, appearing as a more substantive and character-rich family property. The main-road frontage might reduce desirability for those prioritizing quietness, potentially influencing demand. The extent of renovation may shape how much updating is required, while the land dimension is a key determinant of value. Buyers should weigh these factors against the preserved character and practical parking when forming a price view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 386 Maroondah Highway, Croydon VIC 3136
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✓
Execution Risk ✕ 2
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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

Comparable Sales: 11/67-81 Maroondah Hwy around $1.1M; 276 Maroondah Hwy around $950K | Property Price Band: $1.1M–$1.2M | Value Drivers: Condition, land size, presentation

Bedrooms

3

Bathroom

2

Parking

2

Land

907m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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