390 Blue Gum Street, Mount Barker SA 5251 – Springlake Estate


  • 4
  • 2.5
  • 2
  • 251m²
  • H & L

Seasonally changing colour, tranquil waterways and quiet tree-lined streets – all set amongst a picturesque lake and meandering central gardens – Springlake provides the ideal neighbourhood setting for those seeking the perfect Hills lifestyle. Springlake’s home and land options are unmatched in their diversity, flexibility and location, offering space and freedom for growing families, affordable quality for discerning first home buyers, and maintenance-free style and flexibility for retirees and busy executives alike. There’s a Springlake address for every chapter in life. Soak up all the idyllic Adelaide Hills have to offer. Charming towns and hamlets, an abundance of trees, gardens and open spaces, plus stunning food, wine and produce. Life in the Adelaide Hills is truly unique. More than just a home, you’ll be joining a warm, friendly and inviting community where neighbours become good friends. New residents also receive local produce settlement gifts, move-in hampers, and invitation to our community events as a welcome into the growing community. As proud members of the wider Adelaide Hills community, we also sponsor the annual Mount Barker Christmas Carols and the summer outdoor cinema.


  • $-400.78/m

  • 21.83%

  • 4.55%

  • 0.63%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area202 m²
Build price$460,000
Land price$215,000
Title StatusRegistered
Contract typeSingle
Council Rates*$203.12/m
Water Rates*$45/m
Tax depreciation*$740/m
Rental Income*$2556.66/m
* these figures are an estimate only, based on current average rates and current relevant figures.