All About Clyde, Parramatta, NSW, 2142

Clyde, nestled within the bustling region of Parramatta in New South Wales, offers a unique perspective on the housing market for potential buyers and renters alike. The area, known for its industrial backdrop, has housing options that cater predominantly to individuals and families looking for practicality and proximity to employment hubs. In recent years, the housing market in Clyde has seen moderate growth, driven by its strategic location near Parramatta’s central business district and major transportation links. This accessibility has made it an appealing choice for those who work in Parramatta or the wider Sydney region but prefer a more budget-friendly living area compared to pricier suburbs. The market consists mainly of older-style homes and newly developed apartments that offer varied advantages, from larger land areas to modern amenities.

Living in Clyde brings a mix of industrial charm and suburban convenience. While it may not boast the same level of residential amenities as some of its neighboring suburbs, Clyde is characterized by its straightforward lifestyle and a strong sense of community. Residents often appreciate the locality's easy access to essential services and major roads, making commuting relatively hassle-free. For outdoor enthusiasts, the nearby Parramatta River and several parks provide spaces for recreation and relaxation. Despite its industrial roots, Clyde has family-friendly attributes with schools and community facilities accessible within a short drive. Overall, living in Clyde means balancing the simplicity of suburban life with the urban opportunities provided by its proximity to one of Sydney's key economic areas.

Clyde Real Estate Market Outlook

Thinking about buying in Clyde? Now could not be a better time, with just 421 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $3,548,000 with prices in this suburb ranging from $149,000 to $143,859,000. The aproximate distance to the coast is 17 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Clyde is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Clyde changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Clyde to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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General Points of Interest

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