22 Grattan Street, Clyde VIC 3978
22 Grattan Street, Clyde VIC 3978
Modern 4-bedroom | 57% site coverage | Owner-occupied street | High-yield rental history
This property offers a rare combination of efficient land use and strong rental demand in a predominantly owner-occupied street. The 57% site coverage on a 393m² lot indicates a well-designed floorplan that maximises livable space without sacrificing outdoor area, a configuration that typically appeals to families seeking low-maintenance living. Its position within the catchment for Clyde Creek Primary School and Clyde Secondary College adds demographic stability, and the absence of bushfire, flood, or heritage overlays removes common friction points for both owner-occupiers and investors. The property is best suited to a buyer seeking a turnkey home with reliable tenant demand or a family wanting a modern house in a settled neighbourhood.
The primary risk is the compressed lot size relative to newer developments, which may limit future subdivision potential and could feel constrained for buyers accustomed to larger blocks. However, the 2021 purchase price of $381,000 and the subsequent rental history at $525 per week in 2023 suggest a strong yield trajectory, and the recent comparable sale at 40 Grattan Street for $950,000 indicates upward price momentum in the street. A buyer should hold this property for medium-term capital growth, leveraging the stable owner-occupied street profile and school catchments, with refinancing optional once equity builds.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Grattan Street, Clyde VIC 3978
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✕
2
Clyde VIC 3978
Clyde is an emerging residential hub undergoing rapid development, attracting buyers seeking new housing estates. Demand is driven by robust sales activity, reflecting strong purchaser interest in this expanding market. Recent price trends show modest but steady growth, supported by a stable rental market with yields that remain attractive. Future growth is underpinned by ongoing infrastructure and amenity development, though its emerging nature presents typical constraints associated with rapid expansion.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
393m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst