9 Bloom Street, Clyde North VIC 3978
9 Bloom Street, Clyde North VIC 3978
4-bed family layout | large 236m² build | compact 336m² block | Kambrya College zone | flood overlay to review
The property is configured as a four-bedroom, two-bathroom family house with a generous 236 square metre footprint, which is substantial relative to its 336 square metre land area. This configuration is considered unusual in the area, as it prioritises internal living space over outdoor area, making it particularly suited to families who value roomy interiors and minimal garden upkeep. It is positioned within the Kambrya College school zone, which strengthens its appeal to households with school-aged children. The design is oriented toward owner-occupier families seeking a modern, low-maintenance lifestyle in a growing residential pocket, and the broad functionality makes it equally attractive to investors targeting long-term family renters.
The flood overlay may be associated with additional planning assessment for any future extension or landscaping works, so council requirements are advised to be reviewed before committing. Appeal for those seeking a large backyard might be limited by the compact land area, which could influence resale demand among a subset of buyers. The high building-to-land ratio may also be seen as indicating the property performs best as a low-maintenance family or rental purchase rather than a development site. A careful review of these factors is warranted when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Bloom Street, Clyde North VIC 3978
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
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
Comparable Sales: 9 Rosanove Street (2019: $365k) | Property Price Band: $900k–$1.0M | Value Drivers: large building footprint, Kambrya College zone, low-maintenance land
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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