Premium Offering Drives Clyde Market
Gone are the days when the quaint village of Clyde might have been seen as a sleepy little Central Otago backwater.
While house prices around the country are volatile to say the least, the market in Clyde and pockets of Central Otago continues to defy the doomsayers. Clyde is renowned for fetching premium prices and with recent growth and upcoming developments in the charming township it’s not surprising.
Recent sales statistics show the median sale price in Alexandra (including Clyde and Roxburgh) rose 1.93% between August 2021 and August 2022.
Harcourts Cromwell agents Steve Cairns and Jake Lucas say they can see why the Clyde market has remained firm, as they launch a 97-section development called Sunderland Park to market.
“There’s some pretty major growth going on at the moment, including work that’s just started on a $90 million retirement village adjacent to the development. But while the town grows, it still manages to maintain its quaintness and character,” says Steve.
“Clyde is rich in heritage and history in the heart of Central Otago providing a fantastic lifestyle. You’re in amongst popular cycling and walking trails, world-class local wineries and eateries, spectacular scenery and old-world charm.“It’s got the perfect balance of being close to the amenities of Cromwell and Alexandra, yet out of the hustle and bustle.”
Sunderland Park is the newest development in Clyde with the first eleven sections hitting the market in late September.
“They’re a prime opportunity for those looking for a quieter, slower paced lifestyle. Whether it’s shifting the family, creating a summer bach or looking for a place to retire, there’s a range of section sizes on offer,” says Steve. Lifestyle seekers will be spoilt for choice.
Just a short drive up the road are the shores of Lake Dunstan, an ideal spot for summer water activities and family fun. Cycle trails are literally on the doorstep, with three internationally renowned trails heading out from Clyde in every direction. Local tennis courts, bowling clubs and golf clubs are only a five-minute walk down the road.
The quiet village precinct boasts beautiful heritage buildings which house fantastic local eateries, homeware stores and a boutique cinema.
Sections hit the market
Starting at $399,000, sections range from 400sqm to 1006sqm. Construction on the sites has already begun and titles can be expected in mid-2023.
Large-scale development specialists
Harcourts Cromwell agents Steve Cairns and Jake Lucas have achieved major success for recent large-scale developments in the Cromwell and Clyde areas. Their most recent exclusive contracts were with the Wooing Tree and River Terrace developments, reinvigorating the marketing and achieving great sales numbers.
After taking over the exclusive contract for River Terrace all sections have sold and only two home and land packages remain.