FOR SALE
$290,000

2 Gillings Street
Cleve SA 5640

Bedrooms: 6
Bathrooms: 4
Car spaces: 1
Land area: 1011m2
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INVESTORS DREAM

6 BED / 4 BATH / MULTIPLE LIVING SPACES
The South Australian, Eyre Peninsula, and Cleve, rental market continues to strengthen for property owners and with numerous large-scale projects progressing in the district '2 Gillings Street' is an investors dream.
Featuring 6 spacious bedrooms and 4 bathrooms, this affordable property is ideal for a buyer looking to start their Real Estate portfolio, or an investor looking for the chance to increase their diversity of ownership.
Various large businesses have shown clear signs of their plans to utilise the resources located within the District Council of Cleve area which is highly likely to add to the local housing demand. '2 Gillings Street' offers a new owner the opportunity to provide a rental listing like no other, which is sure to attract the possibility of long-term lease agreements.
'2 Gillings Street' is well priced and would make for a perfect purchase to any first homeowners that are looking to 'share house' or families looking for extra space.
KEY FEATURES:
- Spacious Master Bedroom with Large Ensuite featuring a shower, toilet, and vanity.
- Adjoining Kitchen and Dining spaces
- 5 Bedrooms, opposite 3 Bathrooms, ideal for shared rental scenario or families
- 2 Loungeroom sections
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Property Details for 2 Gillings St, Cleve

2 Gillings St, Cleve is a 6 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 1011m2. The place is currently for sale with Elders Real Estate Cleve.

Building Type
House
Land Size
1011m2

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About Cleve 5640

The size of Cleve is approximately 548.7 square kilometres. It has 11 parks covering nearly 6.2% of total area. The population of Cleve in 2011 was 971 people. By 2016 the population was 965 showing a population decline of 0.6% in the area during that time. The predominant age group in Cleve is 60-69 years. Households in Cleve are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cleve work in a managers occupation. In 2011, 74.4% of the homes in Cleve were owner-occupied compared with 72.6% in 2016.

Cleve has 707 properties. Over the last 5 years, Houses in Cleve have seen a 127.10% increase in median value. As at 30 November 2024:

  • The median value for Houses in Cleve is $254,364 while the median value for Units is $247,571.
  • Houses have a median rent of $208.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Cleve on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Cleve.

Suburb Insights for Cleve 5640

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Nick Schumann
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Elders Real Estate Cleve
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.