87 Moorside Cres, Clyde North VIC 3978
87 Moorside Cres, Clyde North VIC 3978
Newly built 2024 | 862m² lot, Clyde North | 298m² house | Rare corner-block feel without corner-block price
The property’s primary advantage is its combination of a new build on a full-sized 862m² lot, which is increasingly uncommon in Clyde North. The 298m² floor plan gives genuine family space without overbuilding the block, and the 35% building coverage suggests usable yard area that many newer estates lack. For a buyer wanting a turnkey house with room to grow into the land, this positions well against smaller-lot alternatives in the same price tier. It best suits families targeting Kambrya College zone who need both modern finishes and outdoor space.
The main risk is valuation spread. With estimates ranging from $830,000 to $1,158,000, the asking price sits at the upper end, meaning overpaying is possible if demand softens. Rental yield at $705/week on a $1.15m+ price is below 3.2%, so this is a lifestyle purchase not an investment play. The opportunity is that no overlays and flat ground reduce holding risk. Hold this property as a long-term family home; it will not generate short-term capital gains but will hold value better than smaller lots in the same estate
Detailed Independent Property Report prepared by PropCred Analyst team for 87 Moorside Cres, Clyde North VIC 3978
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✓
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.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
862m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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