29 Ramlegh Boulevard, Clyde North VIC 3978

29 Ramlegh Boulevard, Clyde North VIC 3978
4-bed standard layout | 400mΒ² typical lot | positioned mid-range | immediate comparables present | family-centric street This property presents a competent, middle-market family home in an established growth corridor, with its four-bedroom, two-bathroom configuration on a standard 400-square-metre block aligning directly with the area’s dominant housing typology. Its pricing bracket sits squarely between recent higher and lower benchmarks on the same street, indicating a listing calibrated to the median, which serves buyers seeking predictable entry into a community with noted family amenities and infrastructure. The absence of detailed feature descriptions against a comparable that achieved a premium for superior inclusions and land size suggests this house relies on its fundamental utility rather than standout attributes, best suited for an owner-occupier prioritizing functional space over distinction. The primary risk is paying a median price for a property that may lack the appreciating features-larger land, superior finishes, or additional parking-that insulated other sales from market softening, as evidenced by the wide value range from $655,000 to $980,000 on the same boulevard. The commercial opportunity lies in securing a standard, rentable product in a liquid sub-market, but the holding strategy must be long-term to absorb the area’s high stock turnover, with one agent averaging 364 days on market. Proceed only if the price is secured at the lower end of the quoted range, as the configuration offers no scarcity premium to justify its upper limit. Recent sales on Ramlegh Boulevard demonstrate critical value drivers: – 36 Ramlegh: $980,000 | 648mΒ² land | 8 parking – 35 Ramlegh: $760,000 | 168mΒ² land | 2 parking – 63 Ramlegh: $655,000 | 159mΒ² land | 3 bedrooms The $220,000 premium for 36 Ramlegh underscores the extreme value of larger land and ample parking, while the compressed price for smaller lots, even with four bedrooms, establishes land size as the primary price determinant. This positions 29 Ramlegh’s 400mΒ² offering as a middle-ground valuation play, with its final price heavily dependent on direct feature comparisons to the lower-tier sales.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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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

4

Bathroom

2

Parking

2

Land

400mΒ²

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