2 Evica Road, Clyde North VIC 3978
2 Evica Road, Clyde North VIC 3978
4 bed 3 bath | newer family house | strong rental yield | compact land likely | growth suburb
This property sits in the upper-middle of Clyde North’s family housing market, where the standard offering is a 4 bed, 2 bath layout. The extra bathroom gives it a genuine edge for households with older children, guests, or dual-occupancy needs. It is a newer build in a master-planned estate, which means modern insulation, wiring, and low-maintenance living from day one. The configuration suits a growing family or an investor targeting reliable tenant demand, as the area’s rental market is active and yields sit around 4.5%. It is not a premium or acreage product, but it is above the entry-level benchmark and likely to hold its position well in a suburb where most stock is similar in age and style.
The main value considerations are land size and exact build quality. Same-street examples show blocks ranging from 236 to 374 square metres, and this property may sit at the tighter end, which could limit future extension potential. The fit-out standard—whether stone benchtops, appliance brands, or flooring choices—will influence how it compares to nearby newer homes. The suburb is still developing, so ongoing construction nearby may affect streetscape appeal for a few years. Buyers should inspect the actual interior finish and verify the land dimensions before forming a firm price view, as these factors will separate this house from others in the same price band.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Evica Road, Clyde North VIC 3978
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
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: 73 Evica Road sold $780k, 48 Evica Road sold $750k | Property Price Band: $700k–$800k | Value Drivers: extra bathroom, build quality, land size, rental yield
Bedrooms
4
Bathroom
3
Parking
2
Land
290m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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