107 Oconnor Avenue, Clyde North VIC 3978

Vacant block on O’Connor Ave | 434m² with flood overlay | Zoned for Kambrya College | Strong Clyde North growth corridor The property’s primary buying case rests on its position in a high-demand growth corridor where land values have escalated sharply, as seen with comparable blocks reaching $997,000. Its 434m² footprint is well-suited for a standard family home in an area where new construction has pushed values above $1.1 million post-build. The zoning for Kambrya College adds practical appeal for family buyers, and FTTP connectivity supports remote work flexibility. This block best serves a buyer prepared to build within 12-18 months, capitalising on the gap between current land value and the uplift from completed construction. The flood overlay is the material risk, potentially increasing site preparation costs or limiting some building designs, and should be investigated through a geotechnical report before purchase. The absence of sales history means pricing leverage is limited to comparable sales, so a buyer should negotiate firmly. The opportunity lies in building a 3-4 bedroom home to capture the rental demand seen at 109 O’Connor Avenue, where a similar property rents for $755 weekly. Hold this land as a short-to-medium term development play, building as soon as feasible to lock in the suburb’s growth trajectory.