50A Lyons Road, Croydon North VIC 3136
50A Lyons Road, Croydon North VIC 3136
This is a ground-floor, three-bedroom, two-bathroom townhouse with one car space on a 301-square-metre lot. It features a north-facing backyard with leafy garden outlooks and a master suite on the entry level. The interiors are contemporary and low-maintenance, typical of recent townhouse developments in the area.
What is competitively strong here is the ground-floor master suite, a rare configuration that appeals directly to downsizers and families with young children who want to avoid stairs. The north-facing backyard with secure garden outlooks is a genuine differentiator in a suburb where many townhouses face shared driveways or neighbouring walls. This property sits well below the typical house price point for Croydon North, positioning it as an accessible entry into a sought-after family neighbourhood without sacrificing a practical layout. It serves buyers who want a lock-and-leave lifestyle with outdoor space but not the upkeep of a larger block. The low-maintenance design and leafy aspect make it a solid option for owner-occupiers seeking longevity rather than a quick flip.
What might affect value here is the land size. At 301 square metres, it is smaller than the typical detached house block in the area, which could limit its appeal to buyers who prioritise space for extensions or a large shed. The property is under Maroondah Council, and while no bushfire overlay is noted, buyers should confirm any local planning overlays that might restrict future changes. The 2022 sale price of $750,000 provides a recent benchmark, but market conditions have shifted since then, so the current price range should be weighed against comparable townhouses in the immediate street rather than suburb medians. The absence of a second car space or dedicated visitor parking may be a constraint for households with multiple vehicles.
Detailed Independent Property Report prepared by PropCred Analyst team for 50A Lyons Road, Croydon North VIC 3136
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Croydon North presents as a family-oriented suburb with a mix of owners and renters, underpinned by strong rental demand. Recent market conditions show a clear divergence, with house prices demonstrating resilience while the unit segment faces headwinds. This dynamic is reflected in a tight rental vacancy rate and a sales environment that has moderated in pace. Future growth is supported by sustained rental pressure, though the market’s sensitivity to broader economic conditions and the contrasting performance between property types remain key considerations for buyers.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
301m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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