26A West Terrace, Clare SA 5453

26A West Terrace, Clare SA 5453
3 beds | two bathrooms | 500mยฒ block | tenanted to Dec 2026 The property’s key competitive edge is its secure, long-term tenancy at a rate that aligns with current market rent, offering an investor immediate, predictable cash flow without a leasing gap. The 2012 build with an open-plan layout, master ensuite, and established low-maintenance gardens reduces immediate capital outlay for repairs, making it a low-touch holding. Its elevated position on a 500mยฒ lot with 88% building coverage is rare for the street, providing a sense of space and privacy that appeals to both owner-occupiers seeking a modern home and investors targeting a stable, quality tenant profile. The bushfire overlay is the primary risk, potentially increasing insurance premiums and limiting some financing options, though the property’s modern construction and lack of heritage or flood constraints mitigate structural exposure. For an owner-occupier, the tenancy is a constraint-you cannot move in until late 2026-but for an investor, it is a locked-in return. The dual-bathroom, two-toilet configuration adds functional value for a family or share house. Buyers should hold this property for the tenancy term, then reassess for personal use or a rent increase to market, as the current $470 per week sits near the lower end of the estimated $445โ€“$505 range.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Clare presents a stable regional market with a tight rental environment, evidenced by a very low vacancy rate. Demand is supported by a significant rental population and owner-occupiers, with houses moving at a moderate pace. Recent price trends show mixed signals, indicating a period of market recalibration. Future growth will hinge on broader regional drivers, while the limited sales volume for certain property types suggests a market with inherent supply constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

500mยฒ

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