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Sold on 15 Jan 2025 for $120,000

2 Gerloff Street
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 504m2
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Property Details for 2 Gerloff St, Mount Gambier

Building Type
Land
Land Size
504m2

Last Listing description (January 2025)

Key 2 Sale Real Estate are excited to announce the approval of a new land development project offering approval for the construction of two new townhouses on a 504m2 allotment at 2 Gerloff Street. With the growing demand for housing in the region, creating two new titles on this single allotment will increase housing options for residents.

The location of this development at 2 Gerloff Street is perfect for those who wish to enjoy the benefits of city living while being surrounded by the natural beauty that Mount Gambier offers. The nearby shopping centres including Wooloworths and other amenities ensure that residents will have access to everything they need for a comfortable and enjoyable lifestyle.

Development approval, planning approval, plus plans for two new townhouses, all the hard work has been done, contact Al Lamond today.

Extra Information:
Council Rates / $1,021.75 p/a
SA Water Supply Charge / TBA
SA Water Sewer Supply Charge / TBA
Emergency Services Levy / $59.75 p/a
Land Size / 504m2
Council / City of Mount Gambier
Zoning / Suburban 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 property’s 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 2 Gerloff St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$120,000
15 Jan 2025
Listed for Rent
$150/w
20 Oct 2009
  • 15 Jan 2025
    Sold for $120,000
  • 02 Jan 2025
    Listed for Sale $230,000-$240,000
  • 17 Dec 2021
    Sold for $145,000
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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 13,844 properties. Over the last 5 years, Houses in Mount Gambier have seen a 98.97% increase in median value, while Units have seen a 88.86% increase. As at 28 February 2025:

  • The median value for Houses in Mount Gambier is $466,563 while the median value for Units is $337,300.
  • Houses have a median rent of $450 while Units have a median rent of $320.
There are currently 109 properties listed for sale, and 38 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 692 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Al Lamond
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Key 2 Sale
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Disclaimer
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 liability for any loss or damage arising in connection with the data and information contained in this publication.