Kyly Clarke expands her impressive real estate portfolio

Interior designer Kyly Clarke has added a third property to her investment ­portfolio.

This time she’s gone to Muswellbrook, in the Upper Hunter.

The purchase of the dual occupancy holding cost $685,000, which appears to be fully leased to tradies given the vehicles out front.

Cordells Building data shows it was a $408,000 building job back in 2010, which no doubt will get an update from Clarke. The land had been sold in 2010 at $110,000 by Hardie Muswellbrook.

Phantom Of The Opera Opening Night - Arrivals

Kyly Clarke attends opening night of Phantom of the Opera at Sydney Opera House on August 26, 2022 in Sydney, Australia. (Photo by Brendon Thorne/Getty Images)

Clarke secured her initial two investments south of Sydney, in the ­Illawarra ­district.

She spent $550,000 at Lake Heights in June last year for a two bedroom doer-upper.

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The home, set on a ­575sq m block, came with potential for extra income with the prospect of a granny flat at the rear of the property, mooted by selling agent Adam Spinelli at Spinelli Real Estate Wollongong.

It was put up for $530 a week rental last month through the Spinelli agency, describing it as “neat and tidy”.

Kyly Clarke’s Muswellbrook property. Picture: Dan Proudman

Clarke’s first investment came in 2020 at nearby Berkeley on the outskirts of Wollongong, which cost $480,000 when bought by her then newly-cre­ated ­entity, Sparkles Property ­Investments.

It was marketed as a classic three bedroom home on a ­desirable 567sq m block. It has since been rented out at $420 a week.

Clarke does not yet show up as owning a new trophy home following the $12 million sale in 2020 of the Vaucluse matrimonial home she enjoyed with her retired cricket champion husband, Michael.

Kyly Clarke’s third investment property. Picture: Dan Proudman

Kyly’s passion for renovation emerged when she took on a judging role on House Rules High Stakes in 2020.

Her Kyly’s Constructions business helps clients renovate their homes and builds granny flats.

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