15 Niloma Street, Clyde North VIC 3978
15 Niloma Street, Clyde North VIC 3978
4 bed, 2 bath, 400m² lot | 202m² building, 51% coverage | Flood overlay present | Kambrya College zone, Opticomm FTTP
This property presents a rare configuration advantage in Clyde North: a 202m² building on a 400m² lot achieves 51% coverage, which is unusually efficient for the area and signals a well-utilised floorplan. The master suite positioned off the central hallway, combined with ducted heating and split-system cooling, makes it suited to a family buyer seeking single-level practicality. Its position in the Kambrya College zone and the presence of an outdoor entertainment area further strengthen its appeal to the core demographic. The estimated value of $753,000 sits above nearby comparables, justified by the larger land and building envelope, though the flood overlay is a material consideration that may narrow the buyer pool or affect insurance terms.
The flood overlay, detected in December 2025, is the primary risk and should be investigated for specific insurance cost implications and any development restrictions. No heritage or bushfire overlays reduce complexity. The property was last sold in 2020 and is now listed for rent at $610 per week, suggesting current ownership is income-focused. For a buyer, this property works best as a long-term family hold where the school zone and outdoor space are priorities, and where the flood risk is understood and acceptable.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Niloma Street, Clyde North VIC 3978
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✕
2
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
4
Bathroom
2
Parking
2
Land
400m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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