62 Main Street Wilmot TAS 7310

5 / 4 / 4 / 1946 m2

Here you can find what you need to know about 62 Main Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Wilmot, TAS and much more.

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Property Insights

62 Main Street Estimated Value

$500,000 - $550,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
Medium confidence estimate
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Last sold for $410,000 on 06/04/2018

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
Low confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Unavailable
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 5
Bathrooms 4
Car Spaces 4
Land Size 1946 m2
Floor Area 329 m2
House Type House: One Storey / Lowset
Council Area Kentish
Year Built 1910
Zone n/a
Lot/Plan 3116829 Wilmot TAS
Property Type House

Last listing description (July 2018)

Character Family home - with business opportunity
Set among private English styled gardens is "Cradle Manor" - an elegant and sophisticated, iconic homestead located in Wilmot - "The Valley of Views." A busy tourist route, just 45 minutes from Devonport on the way to Cradle Mountain, with various tourist locations a short drive from this property.
Built in 1910 the home has kept many characteristics of its time with high ceilings and ornate features, glamorous chandeliers, and carved timber mantles.
The first impression is "wow" - The home has a fully self contained 1 bedroom unit with kitchen, bathroom and a private verandah. A studio room has its own private entrance, from the front verandah and features a kitchenette, ensuite and spa room - ideal for honeymooners or the master bedroom.
A lavish formal lounge overlooks the front gardens with a formal dining with chandeliers and French doors opening out onto the verandah. Through to an updated kitchen with modern appliances and dishwasher and family room heated with a wood heater or choice of Daikin Reverse cycle for year round comfort. Also on this level is a second bathroom, store room, laundry room and a sunroom. The grand stair case carved from timber leads you to the second level where three spacious bedrooms and a fourth bathroom overlook the grounds.
Outside there is a garage and 3 car carport with plenty of off street parking, garden sheds, and established gardens.
With a rich history, this property has been the home of the founder of the Coles supermarket chain Mr G Coles and his family and has acted as tourist accommodation. Whether it is for yourself to live in or to perhaps start your very own business in tourism, this beautiful home is sure to impress. Directly across from the Manor is the local school, with a general store next door and museum just up the road. For an inspection please contact Dee.

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Wilmot, TAS 7310

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