Back 372 Dorset Road
Off Market

372 Dorset Road

Croydon VIC 3136

3
1
2
965 m²
House
Last sold for $820,000
Brent EarneyBrent Earney, last sold this property on 08 December 2024 after 38 days on market.

Overview

Ripe for the picking

One of Croydon’s best development sites, offering an opportunity to secure a substantial land holding in the heart of Croydon boasting 965m2 approx of prime - flat GRZ1 land. This property offers a wide array of options from new townhouses with the potential of their own street front’s & no common property, medical practise, or retain as a single site to build your dream home – all of which are subject to council approval. Leased through till April 2025 – who is happy to stay on and extend for a further lease term. Currently returning $1521 pcm - $350pw allows you to progress with planning, whilst receiving an income towards your holding costs. This high exposure corner site is one of only a few remaining in Croydon and is close to all the township offers. Croydon main street, Arndale shopping centre, Aqua hub & the Dorset Gardens hotel across the road. Seize this rare opportunity to create something remarkable in this sought-after location that delivers a lifestyle of convenience and connectivity, mere moments from Croydon's bustling hub.

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
965 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Croydon over the last 12 months, the estimated median property value of 372 Dorset Road is $882k.

Median value
$882k
Estimated value range
$650.5k - $1.9m
Median days on market
24
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Croydon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 372 Dorset Road

2024
Sold
$820,000
Private Sale/Treaty on 08 Dec 2024 by Brent Earney, of Jellis Craig Ringwood

Happy sellers in Croydon

85%
85% of sellers in Croydon reported that their sale price either exceeded or met their price expectations.

Croydon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 54 reviews in Croydon over the last 12 months.

Local market activity for 3 bedroom houses in Croydon

In the last 12 months, 203 three-bedroom houses similar to 372 Dorset Road, have been sold.

This represents a 12% increase in three-bedroom houses sales when compared to the previous 12 months.

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