Clyde North suburb profile
Clyde North is a rapidly growing suburb located in Melbourne's southeast, approximately 46km from the CBD. Known for its family-friendly environment, it offers a mix of modern housing estates and green spaces, attracting young families and first-time homebuyers. The suburb is well-served by local amenities, including schools, shopping centres, and recreational facilities, making it a convenient place to live. With ongoing development and infrastructure improvements, Clyde North is poised for continued growth, offering residents a blend of suburban tranquility and urban convenience. Its community-focused atmosphere and expanding amenities make it an appealing choice for those seeking a balanced lifestyle.
Clyde North property market performance
Clyde North's property market has shown modest growth over the past 12 months, with both house and unit values increasing by 1.1%. The median house price has reached $725,000, while units have averaged $558,500, indicating steady demand in the area.
Sales activity has been robust, with 230 houses and 16 units sold in the past 12 months. Houses are selling slightly faster than units, with a median of 42 days on the market compared to 44 days for units, suggesting a balanced market.
The rental market in Clyde North has experienced significant growth, with house rents increasing by 11.6% and unit rents by 10.2% over the last 12 months, reflecting strong demand for rental properties in the suburb.
Median price - houses$711KPast 3 months
Median price - units$566KPast 3 months
Change in value - houses0.3%12 months
Change in value - units-3.9%12 months
Houses sold203Past 3 months
Units sold14Past 3 months
Median DOM - houses43Past 12 months
Median DOM - units45.5Past 12 months
Average rent - houses$600Past 12 months
Average rent - units$550Past 12 months
Change in rent - houses10.1%Past 12 months
Change in rent - units11.1%Past 12 months
Clyde North demographics
Clyde North, located in Melbourne's southeastern growth corridor, is a rapidly developing suburb known for its family-friendly environment and modern amenities. With a population of 31,681 and a median age of 30, it is a youthful and vibrant community, attracting young families and professionals seeking a suburban lifestyle with easy access to the city. The suburb's proximity to major roads and public transport options makes commuting convenient for residents.
The housing landscape in Clyde North is predominantly characterized by home ownership, with a significant 67.2% of properties owned with a mortgage. This reflects the suburb's appeal to first-time homebuyers and growing families looking for spacious homes and new developments. Only 9.3% of properties are owned outright, while 23.5% are rented, indicating a stable yet flexible housing market that caters to a variety of living arrangements.
Family life is at the heart of Clyde North, with 64.9% of households being couple families with children, highlighting its strong community focus and family-oriented amenities such as parks, schools, and recreational facilities. The suburb's median total household income of $2,163 per week suggests a comfortable standard of living, supported by local employment opportunities and access to nearby commercial hubs. Clyde North continues to grow as a desirable location for those seeking a balanced lifestyle with the benefits of suburban living and urban convenience.
Clyde North infrastructure, key developments and investment opportunities
Clyde North is experiencing rapid growth and development, with several major infrastructure projects underway. The $1 billion Clyde North Town Centre is in progress, set to provide essential retail, commercial, and community facilities. New schools are also being built to accommodate the growing population, including Clyde North Secondary College opening in 2025 for Year 7 students.
Transport improvements include plans for the extension of the Cranbourne rail line to Clyde, enhancing connectivity to Melbourne. Additionally, several new housing estates are under construction, such as Meridian and Bloom, offering modern residential options. These developments are likely to boost property values and attract more families to the area, solidifying Clyde North's position as a key growth suburb in Melbourne's southeast.
Clyde North rental market trends
The rental market in Clyde North is experiencing robust growth, with house rents increasing 11.6% over the past year to $600 per week, while unit rents have risen 10.2% to $540 per week. This suburb is becoming increasingly attractive for both renters and investors, thanks to its expanding infrastructure and strong rental demand.
Suburbs near Clyde North
Some popular suburbs near Clyde North include: