Wednesday, October 16, 2024

Where Family Living Meets Prime Investment

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Nestled in the flourishing landscape of Melbourne’s southeast, Clyde North is an up-and-coming suburb capturing the attention of young families and savvy investors alike.

Among its promising new developments is Oak Grove, a residential project that boasts high-quality homes in a prime location, seamlessly blending nature with urban conveniences.

The postcode buyers want

For buyers seeking a location that ticks all the boxes, Clyde North is the place to be. Positioned just a 40-kilometre drive from Melbourne’s city centre, it offers the allure of tranquil living away from the hustle and bustle, yet remains attractive to commuters.

According to Estate Manager Sokha Ieng, Oak Grove is situated on Thompsons Rd, close to major thoroughfares.

Clyde North is a brand new masterplanned community, accessible to the best amenities in the area.


“It’s going to have very good access to the Monash Freeway,” she says.

Nearby Berwick further enhances the area’s appeal with its thriving business district, offering essential amenities including a shopping centre, homeware outlets, medical facilities, and a train station.

A family-friendly community

When it comes to family living, Oak Grove is an address buyers will want to consider. Spread across a vast 92-hectare master-planned community, it features numerous playgrounds and green spaces. Century-old oak trees line the development’s edges, enriching the environment and adjoining the scenic Cardinia Creek Parkland, which offers walking and biking tracks as well as waterways to explore.

Ieng notes that what sets Oak Grove apart is its walkability to reputable schools like Hillcrest Christian College. “The schools are the big drawcard,” she shares.

“There are public and private primary schools all nearby that the children can walk to. There’s also a new public secondary school opening in 2025, and our project is adjacent to that facility, so there’s excellent walkability in terms of schools.” Additionally, the renowned Haileybury College is just down the road.

Family friendly and connected, buyers can access everything for a fantastic lifestyle.


Even younger families will find it the perfect place to be, with a two-story childcare centre slated to open in 2026 within the project’s town centre, further enhancing convenience. This is in addition to a small retail precinct and other village-style offerings in the surrounding estates.

A world awaits

With generously sized lots ranging from 213sqm – 767sqm, buyers will want to start planning their dream homes immediately. Ieng says various house and land packages with customizable home designs adhering to high-quality construction standards are available. The project’s design is also a top priority, featuring wide streets and beautiful landscapes. Civil work is due to start in October, so things are progressing quickly.

Given the location and proximity to schools, strong interest is expected when the land release officially hits the market in the coming weeks.

Ieng encourages buyers to register now, especially since first-home buyers in the area may qualify for the $10,000 First Home Owner Grant (FHOG), making it an even more attractive prospect.

Clyde North will be benefiting from ongoing infrastructure, which will appeal to buyers and investors alike.


Investment opportunity

Oak Grove will appeal to families, but it also presents viable opportunities for investors. Clyde North is advancing with ongoing infrastructure development and population growth.

The median property price for the postcode has risen to $755,000, marking a 2.7 per cent increase over the past year.

With an annual rental yield of 4.2 per cent, the Oak Grove development is a solid investment choice, promising stability and growth for discerning investors.

Oak Grove: Clyde North’s Newest Neighbourhood

Oak Grove is Clyde North’s newest neighbourhood, spanning a 92-hectare master-planned community. This community is designed with generous green spaces, seamlessly integrated into the landscape to create a serene environment.

Proximity to Cardinia Creek enhances the natural beauty, while the wide range of amenities cater to all ages.

Among the key future developments in Oak Grove is a new government secondary school bordering the estate, set to open in 2025, and a two-storey childcare centre, expected to open in 2026. These additions provide further convenience for young families.

Oak Grove’s prime location offers easy access to shopping, schools, and transport, making it well-connected to everything residents might need.

Moreover, the development’s proximity to the M1 Princes Freeway and South Gippsland Highway ensures quick connections to surrounding areas.



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