28 Ontario Street, Clyde VIC 3978
28 Ontario Street, Clyde VIC 3978
4 bedroom, 2 bathroom single-level house on 263sqm with double garage, brand new in Evergreen Estate, Clyde. Open-plan living, stone kitchen, timber floors, solar panels. A compact modern build on a small lot, typical of new estates.
This property’s strongest competitive edge is its brand new condition and low-maintenance design, which directly appeals to first-home buyers and investors seeking immediate occupancy with minimal upkeep. Its position within the sought-after Evergreen Estate places it in a growing community with access to parks, schools, and transport, though it sits on a lot significantly smaller than older Clyde stock. This makes it best suited for buyers prioritizing modern finishes and convenience over land size, as the property fits the newer, higher-density estate profile rather than traditional suburban housing.
The small 263sqm lot may materially affect value, as it limits future expansion and outdoor space compared to older homes in the area. Being brand new, the property carries no immediate repair costs but may depreciate slightly in its first few years, typical for new builds. Solar panels and modern finishes could reduce ongoing expenses, offering a practical advantage. Buyers might weigh the trade-off between a contemporary, efficient home and the potential for slower capital growth due to the compact land, especially in a suburb where larger lots command a premium.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Ontario Street, Clyde VIC 3978
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Market Insight
Clyde is an emerging residential hub undergoing rapid development, attracting buyers seeking new housing estates. Demand is driven by robust sales activity, reflecting strong purchaser interest in this expanding market. Recent price trends show modest but steady growth, supported by a stable rental market with yields that remain attractive. Future growth is underpinned by ongoing infrastructure and amenity development, though its emerging nature presents typical constraints associated with rapid expansion.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
263m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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