16 Goanna Road, Clyde North VIC 3978
16 Goanna Road, Clyde North VIC 3978
This is a three-bedroom, two-bathroom single-storey house on a 238-square-metre lot with one car space, built circa 2020–2022 in Clyde North. It functions as a detached house but with a footprint closer to a townhouse, reflecting the newer estate density in this growth corridor.
What is competitively strong here is the entry-level price point for a detached house in a suburb where most stock sits on larger, more expensive lots. This property serves first-home buyers or downsizers who prioritise a new build with modern finishes and low maintenance over land size. Its position within a master-planned estate means access to new schools, parks, and infrastructure that are still being established, which supports future demand. The configuration is rare for the area because most detached houses offer two car spaces and more land, so this property fills a specific niche for buyers who want a house but not the cost or upkeep of a traditional family block.
Several factors may affect the property’s value. The small lot and single car space could limit appeal for families with multiple vehicles or those wanting outdoor room, which may narrow the buyer pool. Ongoing construction in later estate phases might temporarily affect neighbourhood amenity and noise levels. The school catchments are newly established, so long-term performance data is not yet available, which may matter to buyers with children. Rental yield here could be modest relative to purchase price, given the property’s lower entry cost, though demand from young renters is likely sustained by the area’s growth. These factors do not create risk, but they do shape how the property is priced relative to more standard stock in Clyde North.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Goanna Road, Clyde North VIC 3978
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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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.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
238m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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