SOLD
Sold on 14 Feb 2024 for $695,000

10 Lake Terrace E
Mount Gambier SA 5290

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 145m2
Land area: 1876m2
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Property Details for 10 Lake Tce E, Mount Gambier

10 Lake Tce E, Mount Gambier is a 5 bedroom, 2 bathroom House with 6 parking spaces and was built in 1930. The property has a land size of 1876m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
145m2
Land Size
1876m2
Local Government
Mount Gambier
Lot/Plan
A91/F175410

Last Listing description (February 2024)

- Unique character home in sought after location in close proximity to the iconic Blue Lake
- Positioned on substantial size allotment of 1835m2
- Stunning features including ornate ceilings, polished timber floors, sash windows & sweeping verandahs

- Fresh paints, floor coverings & hand crafted bookcase
- 4 bedrooms master with ensuite and walk-in robe
- Country style kitchen with dishwasher, plenty of cupboard's & lovely rear yard views
- Covered rear alfresco area with adjoining patio
- Multiple living areas offering living flexibility or additional bedrooms
- Slow combustion wood heating + split system air conditioning.
- Double length garage with remote door + four-bay high clearance garage and workshop all with power and lighting, both with with access via dual driveways.
- Established trees and beautiful terraced lush lawns and established gardens
- Rainwater tank, woodshed, firepit area and a gorgeous shady oak tree.
- A perfect home for the growing family with too many features to mention!
-- A short stroll to Lennon's shop, rail lands, CBD and Wulanda recreation hub or up the hill to the Blue Lake and Lakes walking trails.

Extra Information:
Council Rates / $1,893.83 p/a approx.
SA Water Supply Charge / $68.60 p/qtr approx.
SA Water Sewer Supply Charge / $134.72 p/qtr approx.
Emergency Services Levy / $113.90 p/a approx.
Independent Rental Appraisal / $550-$580 p/w
Build Year / 1930
Land Size / 1835m2
Council / City of Mount Gambier
Zoning / Established Neighbourhood

Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a propertys land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Property History for 10 Lake Tce E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$695,000
14 Feb 2024
  • 14 Feb 2024
    Sold for $695,000
  • 25 May 2023
    Listed for Sale $699,000-$729,000
  • 26 May 2022
    Sold for $636,000
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About Mount Gambier 5290

The size of Mount Gambier is approximately 26.8 square kilometres. It has 114 parks covering nearly 24% of total area. The population of Mount Gambier in 2011 was 24,905 people. By 2016 the population was 25,511 showing a population growth of 2.4% in the area during that time. The predominant age group in Mount Gambier is 0-9 years. Households in Mount Gambier are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Gambier work in a trades occupation. In 2011, 61.7% of the homes in Mount Gambier were owner-occupied compared with 61.3% in 2016.

Mount Gambier has 13,838 properties. Over the last 5 years, Houses in Mount Gambier have seen a 96.17% increase in median value, while Units have seen a 88.81% increase. As at 30 September 2024:

  • The median value for Houses in Mount Gambier is $452,216 while the median value for Units is $316,661.
  • Houses have a median rent of $430 while Units have a median rent of $300.
There are currently 86 properties listed for sale, and 50 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 677 properties were sold in the past 12 months in Mount gambier.

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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.