46 Portobello Boulevard, Clyde North VIC 3978

46 Portobello Boulevard, Clyde North VIC 3978
Post-2024 build | 54% site coverage | 5G coverage | No overlays | Family-oriented street This propertyโ€™s configuration,242mยฒ of house on a 448mยฒ lot at 54% coverage,is unusually efficient for a new build, giving buyers more internal space without the maintenance of a larger block. The post-2024 construction means full compliance with modern energy and building standards, which reduces immediate capex risk, while the absence of bushfire, flood, or heritage overlays removes common approval delays. It suits families prioritising school zones (Clyde Secondary College) and reliable 5G connectivity for remote work, particularly in a street where 76% of neighbours are owner-occupiers, signalling stable demand. The rapid appreciation from $484,000 land value to a current estimated range of $978,000โ€“$1,119,000 introduces valuation risk if the market softens,buyers should verify the listing price against comparable recent sales, not just estimates. The conflicting listing data (one source shows a 5-bedroom variant at $1,700,000) suggests possible data error or an overpriced vendor expectation; a formal appraisal is advised before offer. Rental potential of $600โ€“$700 per week offers a 3.1%โ€“3.6% gross yield if purchased near the lower estimate, which is acceptable for a growth corridor but not exceptional. Hold this property as a long-term family home or rent it out only if acquired below $1.05 million to preserve equity upside.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 46 Portobello Boulevard, 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

4

Bathroom

2

Parking

2

Land

448mยฒ

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