Property types in Croydon

Croydon is a suburban township located seven kilometres west of Sydney, New South Wales. As of 2011, Croydon is said to host well over ten thousand residents. This town has an affluent retail center, various types of housing communities and due to its proximity and connections to the center of Sydnety, Croydon is also a popular residential destination for those who enjoy commuting to work.

The area that is now known as Croydon was inhabited by local Aboriginal peoples and with the arrival of the First Fleet from United Kingdom in 1788, diseases such as smallpox ravaged this local community. Croydon was first inhabited by settlers in 1793 and over time, nearby forests were cleared to appropriate grazing land and orchards to the local farmers. It was during the 19th century that Croydon witnessed the most notable growth in its population. Many schools and retail centers soon sprung up throughout the township. However, it is noted that little development has taken place since the end of World War I. This has been done to preserve the art deco construction that characterized the area during the first half of the 20th century.

Notwithstanding a relative lack of development, many of the residential properties in Croydon are some of the most sought-after homes in all of New South Wales due to their spacious gardens and well-kept streets. This has allowed real estate prices in Croydon to continue rising in recent years, even despite of the global economic downturn that has occurred since 2008.

Thus, it should be no surprise that the median age of Croydon residents is slightly higher than those in the rest of Australia while their income levels also reflect an affluence that is one of the main characteristics of this location. These are but a handful of reasons why Croydon is considered to be one of the most luxurious locations within the greater Sydney metropolitan district.