Young couple’s big win in Clyde North

Ashleigh and Matt Otten built their family home in Clyde North with their children Blair (1) and Paton (4) in one of Melbourne’s fastest-growing suburbs, drawn by its parks, schools and lifestyle appeal. Photo: Jake Nowakowski

Ashleigh and Matt Otten bought and built in Clyde North, drawn by its peaceful, family-friendly feel and the promise of new nearby schools.

Now, their instincts have paid off, with new PropTrack data revealing the suburb’s median house price has grown 23 per cent in the past five years as it has become one of the city’s busiest property markets.

The young couple, who run a personal training business from their home while raising two children, Payton (4) and Blair (1) say the area’s sense of community, outdoor spaces and family appeal made it the perfect choice.
RELATED: More than The Block: see the real Daylesford

‘Kind of mad’: where Melb prices boomed

Roaches and crime, Melb’s ‘worst hotel’ for sale

“We could picture raising a family here,” Mrs Otten said.

“It just had a really nice feel.”

While the booming values were welcome, she said capital growth wasn’t the main driver behind their decision to build in the suburb’s thriving southeast corridor.

Clyde North house prices have jumped 23 per cent in five years, with young families like the Ottens seeing strong capital growth and rental potential. Photo: Jake Nowakowski

“We did think it could be a smart move long-term, but mostly we just loved the area,” she said.

The pair now run their fitness business from a fully equipped garage studio, with a mix of local clients and a growing online presence, with Clyde North’s connectivity and steady population growth helping them expand as the suburb’s number of homes and sales has.

“There are so many families like ours here, and so many good outdoor spaces — the lake, the parks, walking tracks — it’s perfect for an active lifestyle,” Mrs Otten said.

The Otten’s run a personal training business from their garage studio, leveraging Clyde North’s connectivity and booming population to grow their client base. Photo: Jake Nowakowski

Her advice to other young families still trying to break into the suburb was to stay focused on financial goals.

“Make sacrifices where you can,” she said

“Keep going, because it’s absolutely worth it once you get there.”

Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.

MORE: Mount Waverley home’s $2m+ auction shock

Land grab sparks Airport West bidding war

What makes Seaholme the west’s secret weapon

The post Young couple’s big win in Clyde North appeared first on realestate.com.au.