SOLD
Sold on 05 Jun 2024 for $370,000

9 Nigella Street
Clyde VIC 3978

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 350m2
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Property Details for 9 Nigella St, Clyde

9 Nigella St, Clyde is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 350m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Clyde in the last 12 months.

Building Type
House
Land Size
350m2
Local Government
Casey
Lot/Plan
1136/PS848494

Last Listing description (August 2024)

Investors Note

This is the ideal location for an SDA Home. Close to health services, transport, shopping and more.

Invest in this high-demand SDA location and achieve more with up to 20% gross yield and TPI of $194k.

SDA providers are calling out for more new homes in prime locations like this.

What is SDA?

Specialist Disability Housing is housing that has been specially designed to suit the needs of people with a disability who have an 'extreme functional impairment' or 'very high support needs'. The specialised features of an SDA property are intended to support the resident(s) to live as independently as possible and in so doing reduce their lifetime support costs.

Specialist Disability Housing offers investors a very high yielding asset. For more information get in contact with us today.

Land Tax Except

SDA Investment properties in VIC now enjoy Land tax exceptions! Speak to a Meridien Group team member for further details and how this might benefit you.

Location

Located in Melbourne's most up-and-coming Southeast region, One Bells is close to thriving community centres and with easy access to Melbourne's CBD. This exciting new area is growing more and more every day.

Over the next 15 years, the combined population of the Clyde Growth Area and Clyde North suburb is expected to grow significantly faster than Victoria as a whole. With a predicted 30.29% growth rate over the next five years.

Don't miss the chance to invest and be part of the growth!

This SDA-NDIS investment property is in the ideal location, nestled in the heart of nature with easy access to medical services, schools, entertainment, shopping and fitness. NDIS Participants will love the trade for urban chaos without sacrificing the best of what Melbourne has to offer.

The estate boasts tree-lined streets, stylish modern design, and an array of local facilities to suit all interests and needs. One Bells features local parks, a meandering river and playgrounds.

What's Nearby

- 3.8 km from Kingswim Swimming Pool
- 4.6 km from Valetta Street Medical Centre
- 5.5 km from Coles Clyde North
- 5.7 km from Shopping on Clyde
- 5.8 km from Casey Medical Centre
- 6.6 km from Selandra Rise Shops
- 6.7 km from Clyde North Medical Centre
- 8 km from Cranbourne Indoor Swimming
- 14.3 km from Monash Health - Casey Hospital
- 14.5 km from St John of God Berwick Hospital
- 55 km from Melbourne CBD

About the Property

- House and land package | 2-part land and build contracts
- Land area | 350sqm
- Build area | 199sqm
- Titled Land | Build now
- High Physical Support SDA | 3.3.2.2 | 2P + OOA
- Full turnkey
- Fast build times
- Total support throughout the build and tenanting process!

Demand

The data confirms what the SDA providers are telling us. They need more new SDA homes in Melbourne.

Participants with SDA funding in use: 112
Participants with SDA funding, SDA not in use: 71
Participants with SDA funding: 183
Additional Participants eligible for SDA: 30
Total Participants with SDA funding or a SDA need: 213

The Key Numbers

As of July 2024, the SDA pricing was increased, this includes High Physical Support, Improved Liveability, Fully Accessible, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.

High Physical Support

SDA Income - $85,188 per participant
MRRC - $12,058 per participant
Location Factor - 0.92
Potential Total Income | $194,492
Potential Yield - 20%

Improved Liveability

SDA Income - $71,421 per participant
MRRC - $12,058 per participant
Location Factor - 0.92
Potential Total Income | $166,958
Potential Yield - 17.2%

*Please note that these numbers are based on 2 participants only. Pricing is current as at July 2024 and is as per published SDA schedules.

Ready to get started?

- Reserve this property with a $5,000 Expression of Interest

Make your move soon though as this is going to sell quickly.

Disclaimer

We have in preparing this information used our best endeavours to ensure the information provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.

Property History for 9 Nigella St, Clyde, VIC 3978

A timeline of how this property has performed in the market
Last Sold
$370,000
05 Jun 2024
  • 31 Jul 2024
    Listed for Sale SDA-NDIS | $969k
  • 05 Jun 2024
    Sold for $370,000
  • 23 Jun 2021
    Sold for $330,000

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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 9,389 properties. Over the last 5 years, Houses in Clyde have seen a 31.82% increase in median value, while Units have seen a 31.94% increase. As at 31 August 2024:

  • The median value for Houses in Clyde is $740,721 while the median value for Units is $517,193.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 141 properties listed for sale, and 37 properties listed for rent in Clyde on OnTheHouse. According to CoreLogic's data, 522 properties were sold in the past 12 months in Clyde.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.