SOLD
Sold on 20 Mar 2024 for $1,650,000

8 Ballarto Road
Clyde VIC 3978

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 240m2
Land area: 4455m2
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Property Details for 8 Ballarto Rd, Clyde

Building Type
Commercial
Year Built
1985
Floor Size
240m2
Land Size
4455m2
Local Government
Casey
Lot/Plan
1/PS504632

Last Listing description (July 2024)

Located in the heart of Clyde and part of the Clyde South PSP, this 4,365m2 approx. parcel of land is that short-term land banking opportunity you have been searching for! (STCA)

Offering a 44m wide frontage, this property, once rezoned will offer loads of opportunities for development and being only a stone throw away from the town centre, it will offer an even greater return.
It currently offers an older 4 bedroom, 2 bathroom family home that could potentially be rented out until you are ready to develop, or even live in until the time is right.

Being part of the forever growing Clyde/Clyde North growth corridor, this property will only be within walking distance to new schools, parks, shops, and commercial areas, making this a prime investment.

For all enquiries and inspections Please Call Jason Brown Direct. 0423 768 424

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Property History for 8 Ballarto Rd, Clyde, VIC 3978

A timeline of how this property has performed in the market
Last Sold
$1,650,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $1,650,000
  • 12 Sep 2023
    Listed for Sale $1,700,000 - $1,800,000
  • 20 Nov 2007
    Sold for $400,000

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About Clyde 3978

The size of Clyde is approximately 40.2 square kilometres. It has 9 parks covering nearly 0.2% of total area. The population of Clyde in 2011 was 770 people. By 2016 the population was 2,118 showing a population growth of 175.1% in the area during that time. The predominant age group in Clyde is 30-39 years. Households in Clyde are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clyde work in a trades occupation. In 2011, 77.7% of the homes in Clyde were owner-occupied compared with 73.4% in 2016.

Clyde has 9,409 properties. Over the last 5 years, Houses in Clyde have seen a 26.55% increase in median value, while Units have seen a 22.05% increase. As at 30 November 2024:

  • The median value for Houses in Clyde is $740,375 while the median value for Units is $545,598.
  • Houses have a median rent of $575 while Units have a median rent of $540.
There are currently 119 properties listed for sale, and 49 properties listed for rent in Clyde on OnTheHouse. According to CoreLogic's data, 533 properties were sold in the past 12 months in Clyde.

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