11 Carnelian Circuit, Clyde North VIC 3978

11 Carnelian Circuit, Clyde North VIC 3978
Smaller 3-bed house on compact lot | Among larger homes in established street | Near Clyde Secondary College | Post-2021 build implied This property presents a competitively priced entry into a settled residential street, distinguished by its smaller scale and lot size relative to the larger family homes surrounding it. Its post-2021 construction suggests modern standards, and the proximity to Clyde Secondary College is a tangible amenity for a family buyer seeking a functional home in a built-out location, rather than a speculative land parcel. The configuration suits a first-home buyer or downsizer prioritizing location over internal space. The primary risk is the compressed land component, which may limit future extension appeal and capital growth relative to larger blocks in the area. The price positioning must account for this permanent constraint. However, the established neighbourhood character and infrastructure provide stability. Acquire this as a long-term primary residence, not a short-term trading vehicle, as its value will be sustained by its utility, not its land bank. * **46 Carnelian Circuit:** 6 bed, 4 bath, 441m² lot. Estimated value ~$1.2M. This newer, substantially larger home demonstrates the premium for size and confirms the street’s appeal for family buyers, setting a clear value ceiling. * **5 Aminya Drive:** 4 bed, 2 bath, 512m² lot. For sale $950k-$990k. This comparable listing underscores that our subject property’s asking range is aligned for its reduced scale, validating its price point within the local hierarchy. These comparables confirm this property occupies the more affordable, entry-level tier of the local market, correctly priced for its configuration.

Market Insight:

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

3

Bathroom

2

Parking

2

Land

299m²

Built

Recent Assessments