Clare at a glance
3,310
People
$565,000
Median sale
$435/wk
Median rent
4.00%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
$760,000
Last sold
12 Apr 2024
3
Bedrooms
2
Bathrooms
6
Car spaces
1,170 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$760,000
12 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Clare (last 5 years) with land size have a median of $577/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Clare at a glance
3,310
People
$565,000
Median sale
$435/wk
Median rent
4.00%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Clare
+34.5%
Median sale
Suburb $565,000
-1.02 pp
Gross yield
Suburb 4.00%
Suburb median $565,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $435/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Clare at a glance
3,310
People
$565,000
Median sale
$435/wk
Median rent
4.00%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate Clare Valley/BalaklavaThis magnificent stone home is character through and through C1872. Only a short walk into the main street of Clare and in a prime location, this substantial home oozes appeal. Located on the corner of Mill & Union Streets, the home started life in September 1872 as the Mill Street School Clare for a cost of 572 pounds. Major renovations to the home occurred in the late 1980s which included the second storey, atrium/solarium style area with spa and a substantial 4 bay cellar for the future owners to enjoy a glass or two while enjoying their wine collection and a four-car garage.
Enter the home where you are greeted with the formal entrance area, adjoining to the right is the casual family dining area with split system air conditioner and potbelly fire. To the left is the indoor solarium/atrium room with gable clear ceiling, spa, and access to the expansive 4 bay cellar with lighting. The home boasts a galley style kitchen which features walk-in pantry, dishwasher, and plumbed fridge alcove. Fabulous preparation area and storage areas, well suited for cooking up a storm. There is a spacious formal dining room with open fireplace and very spacious ornate living area with slow combustion heating.
Take the staircase to the 2nd level landing. The top floor features three bedrooms an open gallery/study area all serviced by the ducted evaporative air conditioning. The large main bedroom encompasses a parent's retreat, plumbed for kitchenette, this area has a glass wall separating the bedroom and retreat, and a very spacious ensuite featuring shower, floor to ceiling tiles, bath toilet, bidet, and vanity area. The main bathroom is adjacent to the second and third bedroom. This bathroom features a shower, bath, toilet, and vanity area. The main bathroom and ensuite have heated ceilings.
The home has been designed to include a lift, but this has not been realised.
The formal original entrance leads you onto a veranda running the length of the home with westerly views over the township of Clare and a perfect seating area for you to enjoy one of Clare Valleys' finest.
Outside are extensive established gardens, 2 x 5,000-gallon water tanks plus a workshop with 3 phase power. All set on 1170m2 of land. Drive around driveway, plenty of rooms for parking cars, boats, caravans, or the like. Drive into your 4-car garage with remote roller door.
This beautiful character home also has 24 solar panels (6.3kw). Located within the home are the 3 electric hot water services, reverse cycle split air conditioning on the ground level, ducted evaporative air conditioning on the top level, 2 full bathrooms, 3 toilets and fabulous heating and cooling throughout.
There is much, much more than meets the eye.
Truly a special property, grand in most ways but without the fuss. If you are looking for a character stone home that has something different to offer, then you must inspect this property.
CT Reference Volume 5706 Folio 314
Council / City of Clare & Gilbert Valley Council Zone / Neighbourhood (N).
Year Built / 1872
Land Size / 1170 m approx
Council Rates / $2377.10 per annum SA Water Rates / Supply $70.80 per quarter + usage Emergency Services Levy / $87.30 per annum Underground power supply
Listing description written by Julie Gabe, Elders Real Estate Clare Valley/Balaklava — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.