14 Fruition Street, Clyde North VIC 3978
14 Fruition Street, Clyde North VIC 3978
Brand-new 4/2/2 single-storey house | North-facing backyard | Theatre and study nook | Five Farms estate | Family growth area
The property is positioned as a brand-new, single-storey family house with a north-facing backyard and a 231.7 square metre floorplan on a moderate 392 square metre lot. The layout is arranged around an open-plan living zone connecting to the alfresco area, with a separate theatre room and study nook for growing-household flexibility. The configuration is completed by a walk-in pantry, master suite with ensuite, and double remote garage. Within Five Farms, the house is regarded as reflecting the estate’s family-oriented character, and is best suited to owner-occupiers seeking new-stock convenience without a build wait. The price position is competitive for its segment.
Value may be shaped by moderate lot size, which limits extension potential, and by ongoing new-stock rollout, which might temper resale competition. The north-facing backyard and single-storey design are likely to hold strong appeal for family buyers, but the price position may rely on estate amenity and new-home condition. Landscaping and ready-to-move-in status should be weighed against build-period packages.
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Fruition Street, Clyde North VIC 3978
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
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.
PropCred Estimated Value
Comparable Sales: 14 Fiorin Street sold $850,000 | Property Price Band: $700K-$800K | Value Drivers: new condition, north-facing backyard, flexible family layout
Bedrooms
4
Bathroom
2
Parking
2
Land
392m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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