5 Coolana Drive, Clyde North VIC 3978
5 Coolana Drive, Clyde North VIC 3978
Family-estate setting | modern detached 4-bed spec | double-garage layout | growth-corridor demand | likely 400–500 m² lot
The property is positioned within a fast-growing outer-southeast family estate, where modern detached housing is the dominant form. A four-bedroom, double-garage configuration is considered well suited to young families and upgrader households seeking suburban space. Established retail access and ongoing estate development are provided in the wider area, by which a stable demand base is supported. This property is best served for buyers who prioritise new-style family living, functional layout, and growth-corridor connectivity over prestige character.
Value may be affected by precise land dimension, orientation, and internal finish level when compared with newly constructed competition. The build year and any zoning overlays might also influence long-term appeal. Consideration should be given to fresh house-and-land supply, which might pressure resale pricing. A moderate selling pace could allow price negotiation, though family demand provides a floor.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Coolana Drive, Clyde North VIC 3978
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Clyde North is a fast-growing family market in Melbourne’s outer growth corridor, with demand dominated by professionals on above-average household incomes and a clear preference for houses over units. Median house prices hover around 750,000, with annual growth between 2.8 and 4.2 percent, while units sit near 600,000 and are growing faster at 3.5 to 4.3 percent. Houses take 43 to 74 days to sell depending on the source, and annual volumes exceed 1,000 sales in most counts, indicating steady turnover. Rental yields are modest but stable: 4.0 to 4.1 percent for houses and 4.7 to 4.8 percent for units, with weekly rents of 600 and 550 respectively. Residential expansion and ongoing infrastructure support future growth, though constraints persist: house prices run 4.1 percent above nearby Clyde, the auction clearance rate is just 27 percent, and house price growth trails Melbourne’s average by 28 percent, flagging rate sensitivity and a possible demand shift.
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PropCred Estimated Value
Comparable Sales: 5 Aminya Drive sold at $850,000; 27 Everard Avenue sold at $795,000 | Property Price Band: $800K–$900K | Value Drivers: land size, internal condition, layout flexibility
Bedrooms
3
Bathroom
2
Parking
2
Land
400m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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