23 Hearthstone Circuit, Clyde North VIC 3978
23 Hearthstone Circuit, Clyde North VIC 3978
4 bed family house | mainstream Clyde North configuration | strong rental demand | newer estate stock | typical family purchase
This is a straightforward family house in a suburb where that exact configuration is the backbone of the local market. Four bedrooms, two bathrooms, and double garage is what most buyers in Clyde North are actually looking for, so you are not dealing with an unusual floorplan that limits your resale pool. The property sits in a newer estate environment, which means contemporary layouts, lower immediate maintenance, and a street character that appeals to owner-occupiers rather than investors flipping older stock. It serves best a family buyer who wants a modern detached house without paying a premium for oversized land or premium finishes. The rental profile in the area is solid, with four-bedroom homes consistently leasing in the low $600s per week, which gives you a genuine fallback if your plans change.
The value here will be shaped by how the property compares on land size and finish level to other four-bedroom homes in the immediate estate. Newer estates can have significant variation between lots, and a smaller block or a basic fitout might place this house at the lower end of the local price range. The absence of any overlay issues in the immediate area is a positive, but the ongoing construction around Clyde North means you are buying into a suburb that is still maturing, so amenity and street appeal will improve over time rather than being fully established now. The price you pay should reflect that the property is typical rather than exceptional, and there may be room to negotiate if the presentation is not standout.
|| Comparable Sales: 46 Spectrum Crescent sold $845,000; 125 Selandra Boulevard sold $769,000 | Property Price Band: $700,000–$800,000 | Value Drivers: land size, finish level, street position
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Hearthstone Circuit, Clyde North VIC 3978
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Clyde North is a fast-growing family market in Melbourne’s outer growth corridor, with demand dominated by professionals on above-average household incomes and a clear preference for houses over units. Median house prices hover around 750,000, with annual growth between 2.8 and 4.2 percent, while units sit near 600,000 and are growing faster at 3.5 to 4.3 percent. Houses take 43 to 74 days to sell depending on the source, and annual volumes exceed 1,000 sales in most counts, indicating steady turnover. Rental yields are modest but stable: 4.0 to 4.1 percent for houses and 4.7 to 4.8 percent for units, with weekly rents of 600 and 550 respectively. Residential expansion and ongoing infrastructure support future growth, though constraints persist: house prices run 4.1 percent above nearby Clyde, the auction clearance rate is just 27 percent, and house price growth trails Melbourne’s average by 28 percent, flagging rate sensitivity and a possible demand shift.
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PropCred Estimated Value
Comparable Sales: 46 Spectrum Crescent sold $845,000; 125 Selandra Boulevard sold $769,000 | Property Price Band: $700,000–$800,000 | Value Drivers: land size, finish level, street position
Bedrooms
4
Bathroom
2
Parking
2
Land
210m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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