3 Clyde Street, Randwick NSW 2031
3 Clyde Street, Randwick NSW 2031
3-bed house on 461m² | Randwick eastern suburbs | 2-car parking | family-oriented street | flood overlay nearby
This is a freestanding house on a genuinely usable land size in a suburb where detached stock is increasingly rare. The 3-bed, 1-bath configuration is compact but land-led, which appeals to buyers who value outdoor space and future extension potential over polished interiors. It suits a family wanting to enter Randwick’s house market without competing at the top end, or an owner-occupier planning to renovate and build equity. The street mix of houses and townhouses confirms solid demand from both families and downsizers, and the 2-car parking is a practical edge many nearby homes lack.
Value may be shaped by the single bathroom, which could limit appeal for some buyers, and by the flood overlay affecting parts of the immediate pocket, which might require additional insurance or planning checks. The property’s age and internal condition are unverified, so a buyer should inspect carefully for renovation costs. The land size and street position are the strongest levers on price, while the modest configuration might cap upside until improvements are made. Demand appears steady, but the final result will hinge on how the house presents against comparable family stock.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Clyde Street, Randwick NSW 2031
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Randwick remains a tightly held coastal suburb, with median house prices between $3.61m and $3.75m and units from $1.256m to $1.4m. Its proximity to beaches and parks drives steady buyer interest, but houses show uneven annual growth of 2.49% to 6.2%, while units rise more consistently at 5.5% to 6.7%. Units also turn over faster—38 days versus 48 days—reflecting stronger demand in that segment, particularly from investors drawn to gross yields near 3.7% against 2.03% for houses. Weekly house rents range from $950 to $1,500; units, $850 to $875. With only 155 detached sales over the past year and mortgage ownership at 48% of properties, the market is sensitive to interest rate moves. Early 2026 data indicate prices sit below long-term trend, suggesting a degree of undervaluation but also cyclical caution.
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PropCred Estimated Value
Comparable Sales: 9 Clyde Street sold $3.1M (4-bed, larger footprint); 5/4–6 Clyde Street sold $2.758M (3-bed townhouse) | Property Price Band: $2.6M–$2.7M | Value Drivers: land size, street location, renovation potential
Bedrooms
3
Bathroom
1
Parking
2
Land
410m²
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