SOLD
RECENT ADVICE
Sold on 25 Sep 2024 for $219,000

3/7 Arbor Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 92m2
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Property Details for 3/7 Arbor St, Mount Gambier

3/7 Arbor St, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 92m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Mount Gambier in the last 12 months.

Building Type
Unit
Land Size
92m2
Local Government
Mount Gambier
Lot/Plan
U3/S6983

Last Listing description (September 2024)

Please enquire for a private inspection via video call or a hosted one to one viewing

Are you looking to add to your investment portfolio or first home purchase? This centrally located two bedroom unit is positioned a short walk to Mount Gambier's Rail Lands walking/ bicycle precinct, Mount Gambier Central Shopping Centre, bakery, café, popular schools and more.

• Open plan kitchen/ living/ dining with reverse cycle heating and cooling

• Updated kitchen complete with electric cooking
• Spacious master bedroom with built-in-robes
• Updated bathroom has walk-in shower, vanity and toilet
• Laundry with wash trough, linen press and external access
• Designated parking space at front of unit
• Low maintenance paved rear yard
• Currently tenanted for lease at $250 per week until December 2024

Speak with the Property Management team at Complete Real Estate about managing this property

Council Rates: approx. $353.56 per quarter
Emergency Services Levy: approx. $72.90 per annum
SA Water Supply: approx. $78.60 per quarter
SA Water Sewerage: approx. $86.95 per quarter
Strata Fees: approx. $299 per quarter for insurance/ sinking fund

Property History for 3/7 Arbor St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$219,000
25 Sep 2024
Listed for Rent
$240/w
30 Nov 2022
  • 25 Sep 2024
    Sold for $219,000
  • 18 Jul 2024
    Listed for Sale $219,000 - $235,000
  • 25 Oct 2022
    Listed for Rent $239 / week
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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.

Suburb Insights for Mount Gambier 5290

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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 for any loss or damage arising in connection with the data and information contained in this publication.