47 Karabair Street, Clyde North VIC 3978

47 Karabair Street, Clyde North VIC 3978
3 bed family home | 350sqm block Clyde North | 4.2% rental yield | Wilandra Rise & Cranbourne East catchment This property presents a rare combination of efficient land use and strong rental fundamentals for a buyer seeking a low-maintenance family home in a high-growth corridor. The 57% building coverage on a 350sqm lot is unusually efficient, delivering a 198sqm floorplan with a separate lounge and covered pergolaโ€”features typically found on larger blocks. The 4.2% rental yield, supported by a weekly return of $595, confirms genuine tenant demand, not speculative pricing. The property is best suited to an investor prioritising cash flow over land banking, or a first-home buyer wanting a turnkey home in a catchment for Wilandra Rise Primary and Cranbourne East Secondary College. The primary risk is the 2013 purchase price, which suggests limited capital gain history relative to newer stock in the area, and the 350sqm block constrains future subdivision or extension potential. The buyer should note that while solar panels and FTTP are present, these are supporting features, not price drivers. The opportunity lies in the suburbโ€™s 5.3% annual growth and 76% owner-occupancy, which underpins stable demand. Hold this property as a long-term rental or family homeโ€”its yield and catchment strength provide a buffer against market softness, but don’t expect land-value appreciation to outpace the suburb average.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 47 Karabair Street, Clyde North VIC 3978
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Market Insight:

Clyde North is a fast-growing residential area attracting professionals and families, driving steady demand for houses over units. Recent price growth has been modest, with market conditions showing some softening as days on market extend. Future expansion is supported by its growth area status, though risks include relative affordability pressures and sensitivity to broader market shifts.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

350mยฒ

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