57 Graziers Cres, Clyde North VIC 3978
57 Graziers Cres, Clyde North VIC 3978
4 bed family house on 405m² | 223m² internal footprint | solid rental demand near schools | modern estate stock in Clyde North
This property holds a genuine competitive edge for its size class: the 223m² internal area is generous relative to the 405m² land, meaning you get substantial living space without paying for a large block. That configuration suits a family wanting room to spread out—multiple living zones, four bedrooms, two bathrooms—while keeping outdoor maintenance modest. It sits comfortably within Clyde North’s mainstream family-housing market, where four-bedroom detached homes dominate buyer interest. The absence of bushfire, flood, or heritage overlays removes common friction points, and the FTTP NBN connection is a practical plus for remote work or schooling. The street itself is modern, uniform, and family-oriented, which attracts owner-occupiers prioritising convenience over character. This house serves best a buyer seeking a turnkey family home in a growth corridor, with schools and commuter links nearby, rather than an investor chasing high yields or a renovator looking for untapped potential.
The value picture may hinge on how the internal layout and finish quality compare to similar modern builds on the street. While the land size is modest, the internal area suggests efficient design, but orientation and natural light could affect perceived space—these are not confirmed from available data. Rental demand appears steady, with comparable houses achieving around $650 per week, which supports a reasonable gross return if you ever lease it out. The asking range of roughly $760k–$820k aligns with recent street activity, but a buyer should weigh whether the 405m² block limits future extension potential or outdoor living appeal. Build quality and presentation will likely be the deciding factors; a well-finished interior with modern fixtures may justify the higher end, while dated or generic finishes might pull value toward the lower band. Proximity to Kambrya College and local amenities adds practical appeal, though it does not guarantee premium pricing.
|| Comparable Sales: 74 Graziers Cres sold $910k (4/2/2, 448m²); 28 Graziers Cres sold $812k (4/2/2) | Property Price Band: $760k–$860k | Value Drivers: internal layout efficiency, finish quality, land-to-floor area ratio
Detailed Independent Property Report prepared by PropCred Analyst team for 57 Graziers Cres, Clyde North VIC 3978
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
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
Comparable Sales: 74 Graziers Cres sold $910k (4/2/2, 448m²); 28 Graziers Cres sold $812k (4/2/2) | Property Price Band: $760k–$860k | Value Drivers: internal layout efficiency, finish quality, land-to-floor area ratio
Bedrooms
4
Bathroom
2
Parking
2
Land
405m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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