Fully-furnished shack on the Murray River is on offer for up to $215,000

Waterfront living in South Australia is possible for well under seven figures.

The two-bedroom, one-bathroom shack at 18 Caloote Landing in Caloote, is situated on the right bank of the Murray River and has a price guide of $190,000 to $215,000. This is well under Adelaide’s median house price of $844,654, based on Domain’s latest data.

Even better, the property comes fully furnished, meaning the buyer can simply “turn up and kick back and relax”.

The riverfront home is on the books of Peter Wright and Rebecca Pym of BH Partners.

SOLD - Price Withheld

18 Caloote Landing, Caloote SA 5254

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Just under 100 metres from the Murray River, the property is marketed as an ideal holiday home for those that love water sports.

The upper level contains the kitchen, open-plan living and dining zone, and the two bedrooms. The shower is on the lower level and the toilet is outside.

There’s also a ground-floor shed that could be used for boat storage or made into an additional living space.

Agents Wright and Pym suggest on the listing that the home is “cosy and comfortable”, making it “ready for immediate holidays”.

The property is welcoming with its vibrant yellow and green exterior, and the interior features tiled floors and whitewashed walls.

Caloote has a population of just 143, making it an ideal escape from the hustle and bustle of city life. It’s about an hour’s drive from Adelaide.

There aren’t enough sales over the past 12 months for Domain to obtain a median house price for the area.