16 Berrenda Street, Clyde North VIC 3978
16 Berrenda Street, Clyde North VIC 3978
Likely 4×2 detached house | Medium family block | Newer estate with lakes | Future retail under construction | First-home and investor appeal
The property is positioned within a master-planned estate in Clyde North, a location defined by recent construction, landscaped parklands, and growing retail infrastructure. The house is most likely configured as a four-bedroom, two-bathroom dwelling with a double garage, which is regarded as the strongest and most liquid product type in this market. A direct appeal to first-home buyers, growing families, and investors is achieved through the turnkey nature of the housing stock. The estate context is supported by school access, playgrounds, and a future shopping centre under construction, making the property competitive for long-term family ownership.
The final value may be influenced by the exact land size and internal layout, both of which vary across the estate. The property’s orientation and presentation might be weighed heavily by family buyers, particularly when outdoor space and natural light are considered. Future retail completion and school capacity could be viewed as additional demand supports.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Berrenda Street, Clyde North VIC 3978
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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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: 432 Daffy Street – $879K | Listed Price Band: $800K-$900K | Value Indicator: Land size, build standard, estate setting
Bedrooms
4
Bathroom
2
Parking
2
Land
448m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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