40 Handsome Avenue, Clyde North VIC 3978
40 Handsome Avenue, Clyde North VIC 3978
4-bedroom family home | two living zones | flood overlay flagged | popular growth suburb
The property offers a well-configured family floorplan with two separate living areas and a double garage, which is competitively positioned for growing families in Clyde Northโs active market. The 350mยฒ block with 64% building coverage provides a low-maintenance layout that appeals to first-home buyers and investors alike, while the ensuited master and built-in robes add practical appeal for owner-occupiers. The estimated rental range of $570โ$610 per week suggests solid investor demand, though yield is moderate for the price bracket.
The identified flood overlay is the primary due diligence item and should be investigated through council flood maps and insurance quotes before proceeding, though it does not automatically indicate flooding risk. The absence of a clear build year and limited visibility on internal upgrades means a thorough building inspection is recommended. NBN FTTP and 5G coverage support modern living but are not decisive value drivers. The propertyโs pricing appears aligned with estimated market value, reducing negotiation leverage but offering fair entry for buyers seeking a standard modern home in a growth corridor.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 40 Handsome Avenue, Clyde North VIC 3978
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.