171A Lincoln Road, Croydon VIC 3136
171A Lincoln Road, Croydon VIC 3136
3-bed unit on 262m² land | dual parking and bathrooms | confirmed school catchments | mixed street with detached homes | family-oriented layout
A three-bedroom unit with two bathrooms and two parking spaces is positioned on a 262 square metre land holding. This configuration is recognised as generous for a unit, with outdoor space being provided by the land area. A low-maintenance lifestyle is enabled by the attached form. The property is placed within a mixed residential street where detached houses and attached dwellings are found. Confirmed school catchments are considered a practical advantage for family buyers. The most suitable buyer is thought to be a young family or downsizer, with convenience to schools, transport, and shopping being the primary draw.
The price may be influenced by the quality of internal finishes and the overall presentation. Natural light and privacy might be affected by the orientation and floor level, while maintenance expectations could be shaped by the building age. The balance between land area and internal footprint may be weighed by prospective buyers. Renovations to kitchen and bathroom would likely be given strong weight.
Detailed Independent Property Report prepared by PropCred Analyst team for 171A Lincoln Road, Croydon VIC 3136
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Croydon’s market is underpinned by a high ownership rate—72.6% owned outright or with a mortgage—drawing established families and new buyers. Median house prices range from $906,500 to $961,000, with annual growth of 1.9–5.6% and a sharp 7.4% quarterly rise (REIV). Units record a median of $668,000–$730,000 and up to 12.3% quarterly growth. Houses sell in as few as 19–23 days (YIPM, OpenAgent), indicating strong demand. Rental yields are modest, with houses at 3.4% and units 4.2–4.35%; weekly house rents hold at $650. Future demand is supported by school quality, transport access, and infrastructure works. However, momentum is cooling: sales volume fell 5.2%, auction clearance sits at 59.6%, and days on market climbed 28.6% year-on-year (Woodards).
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PropCred Estimated Value
Comparable Sales: 53 Lincoln Road (4-bed) and 55 Lincoln Road (3-bed) | Property Price Band: $850k–$950k | Value Drivers: land size, three-bedroom layout, school proximity
Bedrooms
3
Bathroom
2
Parking
2
Land
886m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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