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ABS 2021 Census · Updated 21 May 2026
Croydon Hills is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 4,839, making it a boutique locality. Located approximately 27 km from the Melbourne CBD, Croydon Hills is a middle ring area in Victoria. The median household income is $126,724 per year.
Strong household incomes in Croydon Hills underpin solid property demand.
Official Australia Post postcode for Croydon Hills. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Croydon Hills on My School →Estimated 2 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Croydon Hills is a smaller community of 4,839 — about 65% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $126,724/year runs 33% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $491 equates to $2,128/month — about 102% of the median mortgage repayment of $2,093/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 27 km from Melbourne, Croydon Hills is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price. Separate houses make up 96% of dwellings — 18 percentage points above the Victoria median of 78% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.
Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 20% of household income — a useful sanity check on tenant affordability.
How Croydon Hills stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Croydon Hills sits above the state median; negative means below.
| Metric | Croydon Hills | VIC median | Δ vs state |
|---|---|---|---|
| Population | 4,839 | 7,416 | -35% |
| Median household income | $126,724/yr | $95,160/yr | +33% |
| Median rent (weekly) | $491 | $380 | +29% |
| Median mortgage (monthly) | $2,093 | $1,950 | +7% |
| Distance to CBD | 27 km | 32 km | -16% |
| Separate houses | 96% | 78% | +18pp |
Pre-inspection briefing for Croydon Hills — every item is derived from public datasets, with full citations in our data sources page.
Moderate buy-and-hold potential: Croydon Hills's 4,839-person market and $126,724 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.
Strong rental coverage: $491/week (~$2,128/month) covers 102% of the $2,093/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.
With 96% houses in a 4,839-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Croydon Hills property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Croydon Hills are modest for 2026 — incomes 33% above the VIC median of $95,160 and a population of 4,839 suggest gains will lag headline metro markets. Rental coverage runs at ~102% of the typical mortgage ($2,128/month rent vs $2,093/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 80/100 places Croydon Hills in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.
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Croydon Hills scores 80/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 4,839, median household income of $126,724/year and median weekly rent of $491. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Croydon Hills are an above-state-median household income of $126,724/year, a dwelling mix that is 96% separate houses, roughly 1 schools and 2 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Croydon Hills has a usual resident population of approximately 4,839, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Croydon Hills sits 27 km straight-line from the Melbourne CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
The most recent census recorded a median weekly rent of $491 in Croydon Hills, equating to approximately $25,532/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Croydon Hills is $2,093, or approximately $25,116/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $491 works out to $2,128/month, covering 102% of the median mortgage repayment of $2,093/month. That means rent exceeds the median repayment by roughly $35/month, so on these numbers Croydon Hills leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (4,839 residents), interest-rate sensitivity on the $2,093 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.