21/13-15 Hewish Road, Croydon VIC 3136
21/13-15 Hewish Road, Croydon VIC 3136
2-bed, 1-bath, 2-car | 100m² modern unit | Walk to station & Main Street | Built 2005 | Central Croydon pocket
This unit holds a genuine edge in Croydon’s apartment market: a generous 100m² floor plan, two dedicated car spaces, and a 2005 build that places it well ahead of older walk-up stock. The configuration suits downsizers who want real room without a house, or investors targeting tenants who value parking and proximity to the train, shops, and Aquahub. Being part of a larger strata complex on a substantial parcel means the common grounds and building management are shared across many units, which typically keeps individual levies more predictable than boutique blocks. For a buyer seeking low-maintenance living in a walkable, established suburb, this is a practical and competitive option.
Value may be shaped by how the unit sits within the complex—floor level, aspect, and outlook are not confirmed and can vary noticeably between units. The 2-bed, 1-bath layout is functional but less flexible than a second bathroom for some households, which might narrow demand slightly. Strata fees and owner-corporation rules will influence holding costs, and the apartment’s exposure to the broader unit market means price movement tracks apartment comparables rather than detached houses. Buyers should weigh the convenience and modern build against the shared ownership trade-offs, and confirm the exact unit position before forming a firm view.
Detailed Independent Property Report prepared by PropCred Analyst team for 21/13-15 Hewish Road, Croydon VIC 3136
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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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: 13/13-15 Hewish Rd sold $430,000 (2/1/2, 2005); 41/13-15 Hewish Rd sold $486,000 (3/2/2) | Property Price Band: $400K–$500K | Value Drivers: floor level and aspect within complex, two-car parking, walkability to station and retail
Bedrooms
2
Bathroom
1
Parking
2
Land
2.45 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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