11 First Street Clayton South VIC 3169

11 First Street Clayton South VIC 3169
3 bed house | 730sqm block | off-market | Westall school zone | solar panels | no overlays This property offers a rare combination of a generous 730-square-metre block and a solid 333-square-metre building footprint in a tightly held pocket of Clayton South. The absence of bushfire, flood, or heritage overlays removes common friction points, while the Westall school zone and reliable NBN and 5G connectivity add practical appeal for families or investors. For a buyer seeking a house with expansion or redevelopment potential on a flat, unencumbered site, this represents a competitive entry point in a suburb where comparable land parcels are infrequently offered off-market. The primary risk lies in the lack of recent sales history and the absence of floor plans or interior condition data, which may obscure hidden costs for renovation or compliance upgrades. The estimated value range of $1.125 million to $1.24 million suggests a buyer should budget at the upper end to secure the property, with rental income potential around $670 per week offering a modest but stable return. The opportunity is to hold for land value appreciation or to develop subject to council approval, given the siteโ€™s clean zoning. Use this property as a long-term hold with optionality for future subdivision or a single-dwelling upgrade.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Clayton South presents a dynamic, mixed-use suburb with strong residential demand, particularly from younger families and owner-occupiers. This demographic is driving a consistently high sales volume and robust auction clearance rates, indicating sustained buyer competition. The market shows solid growth for houses, while unit performance is more varied. Future prospects are supported by its established infrastructure and diverse zoning, though recent increases in days on market and softening auction results signal a market becoming more sensitive to broader economic conditions.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

736mยฒ

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