5 Gilcambon Way, Clyde North VIC 3978
5 Gilcambon Way, Clyde North VIC 3978
Single-storey 4-bed family house | dual living zones | walk-to-school estate position | stone benchtop kitchen | standard 448m² lot
The property presents as a competitively positioned family house within Clyde North’s Ramlegh Springs Estate, where the single-storey 4-bedroom layout with two living zones is well matched to buyer demand in this master-planned corridor. The 448m² lot is consistent with mainstream modern family stock, and with stone waterfall benchtops, a walk-in pantry, and a covered patio included, the house is lifted above entry-level product without reaching premium territory. Walking-distance proximity to Ramlegh Park Primary School is a practical advantage for young families, and a functional package is completed by ducted heating, floorboards, and a secure double garage. This house is best suited to a young family or first-upgrader seeking school access, usable living space, and a low-maintenance single-storey footprint.
Value may be shaped by the absence of a stated build year, as newer construction commands a premium. The single-storey format on 448m² might be appealing to downsizers but could be seen as limiting when compared with two-storey layouts. Presentation quality and kitchen fitout may be expected to influence competitiveness against similar family listings. Market conditions in the growth corridor might also be influential, though the configuration appears well aligned with buyer expectations.
>> Comparable Sales: 24 Compton Way, Clyde North, 5-bed 3-bath on 551m², sold Jan 2026 for $1,135,000 | Property Price Band: $800K–$900K | Value Drivers: kitchen presentation, single-storey layout, land size, school proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Gilcambon Way, Clyde North VIC 3978
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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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
Bedrooms
4
Bathroom
2
Parking
2
Land
448m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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