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$629K
$119,406
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$650,000
Medium
$600,000
Low
$550,000
Confidence
Not Applicable
This stunning property is a rare gem located in Clare Valley, boasting a spacious 1,035m² corner allotment with dual access from Union Street and Wright Street. The freshly painted interior comes with modern lines and open-plan living, leading to a rear deck suitable for entertaining. It features a new kitchen, bathroom, and laundry. Convenience is further enhanced with a central slow combustion heater and split system for year-round comfort. The home provides ample space with four well-sized bedrooms and a near-level yard, perfect for various activities. The property includes a carport and workshop, with plenty of parking for a van or trailer, making it ideal for families seeking comfort and flexibility.
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76.4%
-
-
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Try Picki for FREE-$40,000
-$30,434
-
Asking Price
$629,000
Estimated Purchase Price
$640,000
Stamp Duty
$29,030
Transfer Fee
$5,987
Conveyancing
$1,226
Deposit (10%)
$64,000
Reg. Mortgage
$187
LMI Premium
$18,426
Renovation Costs
-
Total Cash/Equity Required
$119,406
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,940
$2,531
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$5,461
-$7,125
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$43,477
-$45,141
Depreciation
-
-
Tax Offset
-$13,043
-$13,542
Net Cashflow After Tax
-$30,434
-$31,599
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$576,000
$576,000
$64,800
$582,414
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 18.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 11.0%
Retail Trade - 11.0%
Others - 48.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
