21 Baillieston Road, Clyde North VIC 3978

New-build house | small-lot estate | flood overlay present | zoned for Kambrya College | strong rental demand. This property presents a competitively strong entry point into the Clyde North new-build market, matching the prevalent and in-demand configuration of four bedrooms, two bathrooms, and two car spaces on a compact lot. Its positioning on a street dominated by similar recent constructions normalizes its form within the immediate locale, reducing aesthetic or functional outlier risk. The property serves first-home buyers and young families most effectively, evidenced by the street’s short average ownership tenure and the demonstrated rental demand for an identical house at $650 per week. School zoning for Kambrya College provides a tangible amenity anchor for this buyer segment, while 5G coverage and new-build status offer contemporary livability without the premium of established suburbs. The decision hinges on acknowledging the specific risk mechanism of the flood overlay, which imposes potential insurance costs and future saleability constraints that a buyer must financially underwrite. The commercial opportunity lies in acquiring a turnkey house in a settled streetscape, bypassing construction risk while capitalizing on the high rental yield relative to purchase price evidenced by recent sales. The compressed sales history on Baillieston Road, however, reveals a market of notably low transacted values, which establishes a firm and recent benchmark for negotiation but also signals a precinct yet to demonstrate capital growth momentum. A plain judgment call is to treat this as a functional, cost-contained holding for a medium-term owner-occupier seeking specific zoning benefits, not as a short-term growth vehicle. Recent comparable sales on Baillieston Road provide a direct value benchmark: – 10 Baillieston Rd: $469k (Nov 2024) – 19 Baillieston Rd: $361k (Oct 2024) – 8 Baillieston Rd: $439k (Oct 2024) – 23 Baillieston Rd: $384k (Oct 2024) – 15 Baillieston Rd: $380k (Sep 2024) – 11 Baillieston Rd: $380k (Aug 2024) – 9 Baillieston Rd: $380k (Aug 2024) – 13 Baillieston Rd: $361k (Jul 2024) This cluster of sales in the $360k-$470k range over the past year, with most concentrated around $380k, sets a clear expectation for this property’s value. It indicates you are entering a market segment with a defined price ceiling, where any offer must be rigorously justified against these recent transactions.