55 Kilmarnock Way, Clyde North VIC 3978
55 Kilmarnock Way, Clyde North VIC 3978
4 bed 2 bath 2 car | Clyde North family estate | Modern low-maintenance | Owner-occupier market | Standard suburban lot
This house is positioned within a recently built family estate in Clyde North. Its four-bedroom, two-bathroom, two-car configuration is widely sought by owner-occupiers, offering practical separation between living areas and bedrooms. The house is finished to a contemporary standard, with emphasis on low-maintenance living and a functional floor plan. First-home buyers, growing families, and downsizers are served by this type of modern dwelling, which avoids the upkeep of older stock. The location provides reasonable access to local shopping, transport, and primary and secondary schooling, making it a convenient choice for daily family routines. Demand for this type of house is supported by steady interest in the surrounding area.
The final value may be affected by the exact land size and the orientation of the block, which influences natural light and private outdoor space. Title conditions, including any growth-area overlays, might impose limits on future alterations, though this is unlikely to matter for a standard family home. The level of interior appointments, such as flooring and kitchen finishes, could be seen as average rather than premium, which may narrow the buyer pool slightly. Market conditions at the time of sale, including interest rate movements, will also play a role in the achieved price.
>> Comparable Sales: General market activity for similar family houses | Property Price Band: $700,000–$800,000 | Value Drivers: Land size, layout, contemporary condition
Detailed Independent Property Report prepared by PropCred Analyst team for 55 Kilmarnock Way, Clyde North VIC 3978
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
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
Bedrooms
4
Bathroom
2
Parking
2
Land
336m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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