13 Kepler Street, Clyde North VIC 3978
13 Kepler Street, Clyde North VIC 3978
Land parcel on 12.02 ha | residential zoning | no overlay risk detected | inconsistent listing data | priced well below land value potential.
What makes this property genuinely unusual is the sheer size of the landholding. At 12.02 hectares, this is not a standard Clyde North house block, and that rarity is the primary competitive edge. The residential zoning with no detected bushfire, flood, or heritage overlays means the land itself carries fewer development constraints than many larger parcels in peri-urban Melbourne. For a buyer seeking long-term land banking, a rural-residential lifestyle block, or a future subdivision play, this sits in a different category entirely from the typical 350–400 m² estate lots that dominate the immediate area. The 2024 sale at $414,000, against a current estimate around $769,000, suggests the market has already begun repricing the land upward, and the property serves best a buyer with patience and a clear vision for holding or developing.
The value picture here is clouded by conflicting records. One dataset describes a 4-bedroom house on 350 m², while the land record shows no building at all, and that mismatch should be resolved before any serious offer is made. The potential rent of $550–$605 per week appears in the data, but if the property is truly vacant land, that figure is speculative and may not hold. The absence of detected internet connection could matter for some buyers, though 5G coverage offsets that concern. The school zoning for Clyde Secondary College and Cranbourne East Secondary College adds family appeal, but the property’s future value will likely hinge on what can actually be built, subdivided, or developed, and that requires a proper site inspection and council confirmation.
|| Comparable Sales: 35 Freiberger Grove sold at $780K; 5 Kepler Street sold at $850K | Property Price Band: $700K–$800K | Value Drivers: land size, residential zoning, development potential
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Kepler Street, Clyde North VIC 3978
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
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: 35 Freiberger Grove sold at $780K; 5 Kepler Street sold at $850K | Property Price Band: $700K–$800K | Value Drivers: land size, residential zoning, development potential
Bedrooms
4
Bathroom
2
Parking
2
Land
350m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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