Fraud Blocker

Clyde, VIC 3978

Home » VIC Real Estate Data » Casey City, VIC » Clyde, VIC 3978

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Clyde, VIC 3978 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Clyde, VIC 3978”

  1. The total adult population (15 years or older) of Clyde 3978 VIC is 8,152, with a median age of 30. Of those, 55.25% are married, 8.55% are divorced or separated, 34.67% are single and 1.50% are widowed.

    The average household size is 3.1 people per dwelling, and the median household monthly income is estimated to be $8,776. The median monthly mortgage repayment for households in this suburb is $2,095 which is 23.87% of their earnings.

    Source: ABS Census Data (2021)

  2. Clyde 3978, located in Victoria, hosts a total of 6607 households, nurturing a healthy blend of property owners and potential investors. As we delve into the third quarter statistics for 2023, distinct trends emerge signalling an invigorated property market condensed with opportunities.

    The typical price for houses in Clyde stands at $723,143 with a median weekly rent nudged at $470. This pricing showcases an indicative yield of 3.38%, sitting right above the attractive yield percentage of 3% for cashflow-centered investors.

    Socially and economically, Clyde fairs well with an IRSAD score of 1030 out of 1217. This score reflexively signals a robust socio-economic status for the population residing in Clyde, by outlining easy access to economic resources, elevated income levels, and a dispersion of skilled professions.

    Contributing to the favourable attractiveness of this market is the renter to owner ratio residing at 23%, offering a balance between property owners and renters. Further complementing this is a rare zero percentage in the units to houses ratio, amplifying the appeal amongst families seeking longer tenancy periods.

    However, there are some cautionary indicators within the market. The affordability index for Clyde is on the high side, sitting at 32 years, a tad above the standard 30 years. This could indicate a slight decrease in affordability for residents and potential buyers.

    When exploring supply metrics, the stock on market percentage for houses is at 0.89% which swings towards a neutral supply range, whereas the inventory level for houses is 3.3 months, indicating that the market is adequately absorbing new listings. A particularly high building approvals ratio at 7.59% could potentially imply an increased supply of new dwellings in the near future.

    Looking at demand metrics, houses in Clyde seem to be in fair demand with an average of 22 days on market. However, a vacancy rate of 3.19%, fluctuating towards the neutral to high range, set alongside a buy search index for houses at 3 which is indicating a limited demand, do warrant a degree of caution.

    Despite having some metrics in the unfavourable range, the majority indicate favourable conditions that could potentially attract property investors and buyers in search of promising returns or capital gains. Understanding and continuously monitoring these market developments, will be crucial in helping you make the most beneficial property investment decisions.

    Bear in mind RCS (Relative Composite Score), a metric developed by HtAG Analytics, also offers an automated research tool, combining these metrics plus more, to expedite and enhance your market analysis.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment