Lot 1 Renmark Avenue Renmark SA 5341

- / - / - / 1287 m²

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Here you can find what you need to know about lot 1 Renmark Avenue , 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 Renmark, SA and much more.

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Lot 1 Renmark Avenue Estimated Value

$200,000 - $225,000

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Last sold for $563,750 on 30 Oct 2007

Sale Type: Consideration Includes Other Property Or Represents A Partial Interest

Mortgage Repayment	$262 pw
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	Estimate Unavailable
Gross Cashflow	Unavailable
Estimated Gross Yield	Unavailable
Natural Hazard Risk	Upgrade to Premium

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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

No Investor Scores available for this property

About this Property

Details

Bedrooms	-
Bathrooms	-
Car Spaces	-
Land Size	1287 m²
Floor Area	-
House Type	House: Standard

Council Area	Renmark Paringa
Year Built	n/a
Zone	District Business
Lot/Plan	1/F6628 Renmark SA
Property Type	House

Property Timeline

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Comparable properties

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Neighbourhood

Suburb Insights

Renmark, SA 5341

Part of: Renmark Paringa Council

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Renmark, SA 5341

Part of: Renmark Paringa Council No data available

The size of Renmark is approximately 14.9 square kilometres. It has 30 parks covering nearly 9.6% of total area. The population of Renmark in 2011 was 4,386 people. By 2016 the population was 4,637 showing a population growth of 5.7% in the area during that time. The predominant age group in Renmark is 60-69 years. Households in Renmark are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Renmark work in a labourer occupation. In 2011, 53.2% of the homes in Renmark were owner-occupied compared with 54.5% in 2016. (source: Australian Bureau of Statistics)

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Renmark, SA 5341

Part of: Renmark Paringa Council No data available

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215 km

Distance from Adelaide CBD

Population

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Renmark for Houses in last 12 months

Last 12 months in Renmark SA 5341 View Suburb Profile

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$330K Median Value
93 Properties sold
$380pw Median Rent
6.1% Median Gross Yield
42 Average Days on Market
-3.3% Average Vendor Discount
11.7% Median Sale Price Change (1yr)

There have been 93 Houses sold in Renmark in the past 12 months with a median sale price of $335K, up 11.7% annually. It takes on average 42 days to sell with vendor discounting of -3.3%.

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Natural Hazard Risk

Any hazard data or information is generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of property hazard risk (Hazard Data). Hazard Data is indicative only and not intended to replace obtaining specific professional advice in relation to such information. Any Hazard Data does not take into account all matters that may be relevant for determining relevant hazards, and the recipient acknowledges and accepts:

it is not based on any site-specific geological or engineering investigation at the relevant property;
the Hazard Data is not a geological or engineering report for a property and does not replace the need for a site inspection in relation to issues relating to geological, foundation, or other hazard-related conditions at the relevant property; and
the information and data contained in the Hazard Data has been obtained from a variety of third party sources and does not specifically originate from CoreLogic.

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Risk Rating Definitions

The following Risk Ratings are generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of coastal erosion risk:

Very High Risk : Risk of gradual coastal erosion reaching dwelling within 30 years and/or very high risk of significant storm surge impact.
High Risk : Risk of gradual coastal erosion reaching dwelling within 60 years and/or high risk of significant storm surge impact.
Medium Risk : Risk of gradual coastal erosion reaching dwelling within 120 years and/or medium risk of significant storm surge impact.
Low Risk : Risk of gradual coastal erosion reaching dwelling within 240 years and/or low risk of significant storm surge impact.
No Risk : Gradual coastal erosion likely to reach dwelling in more than 240 years OR no rate of retreat (stable coastline) and distance from coast and/or elevation above maximum expected storm surge height.

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