3 Randall Avenue, Clyde North VIC 3978
3 Randall Avenue, Clyde North VIC 3978
4 bed family house | 544m² block | 2016 build | off-market | family estate pocket
This property holds a genuine edge in Clyde North’s crowded family market. The 544m² block is noticeably larger than the typical 400–476m² estate lots nearby, giving it rare outdoor space and separation between neighbours. The 2016 build means it’s young enough to avoid maintenance concerns but old enough to have established gardens and street presence—something newer builds lack. With four bedrooms, two bathrooms, and double parking, it matches exactly what family buyers in this corridor are searching for. It serves best the owner-occupier family wanting a move-in-ready house with room to grow, or a buyer seeking a solid rental with dependable family tenant demand.
The property’s value may be shaped by how its finishes compare to newer estate stock, as buyers often pay a premium for upgraded kitchens, flooring, and facades. Its larger land size might justify a price above standard 4-bedroom offerings, but the off-market status means pricing could be less tested than recent comparable sales. The lack of confirmed extras like alfresco, solar, or ducted heating may limit upside if a buyer expects those as standard. The surrounding estate’s ongoing build-out could also influence perceived scarcity, though this street’s established character likely holds its position well.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Randall Avenue, Clyde North VIC 3978
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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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: 5 Randall Avenue sold $725k Feb 2024 | Property Price Band: $850k–$950k | Value Drivers: land size, build age, family layout
Bedrooms
4
Bathroom
2
Parking
2
Land
544m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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