101 Burnbank Parade, Clyde North VIC 3978

101 Burnbank Parade, Clyde North VIC 3978
New estate | 2024 build | 4 bed family home | Flood overlay | Zoned Kambrya College This property represents a modern, turn-key family home in a high-growth corridor, offering immediate occupancy in a newly established community. Its configuration of four bedrooms and two bathrooms aligns precisely with dominant local demand, while the 2024 construction date ensures contemporary building standards and minimal near-term maintenance. The zoning for Kambrya College provides a stable, long-term tenant and owner-occupier appeal, anchoring its utility in a market driven by educational catchments. The primary investment cost is the flood overlay, which imposes insurance premiums and potential resale friction, directly impacting holding costs and liquidity. The compact land size reflects the area’s development density, capping land appreciation relative to larger lots. Proceed with a long-term hold strategy to absorb initial estate maturation, targeting capital growth from infrastructure completion and community establishment over a decade. This property suits a buyer seeking predictable rental income or a principal residence with modern amenities, not short-term trading gains. Recent sales on Burnbank Parade show 4-bedroom houses transacting, providing a value benchmark. A nearby property at 43 Burnbank Parade has an estimated value of $820,000, while a larger 5-bedroom home at number 73 is listed between $1.05 and $1.15 million. This indicates a premium for additional space and confirms the established price point for standard four-bedroom stock in this specific street.

Detailed analysis of this property prepared by our Principal Analyst: Real Market Valuation, Risks, Growth Considerations

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.

PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

187m²

Built

Recent Assessments