OFF MARKET

1/212 Commercial Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 87m2
Land area: 228m2
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Last updated 14 Oct 2024
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Property Details for 1/212 Commercial St, Mount Gambier

1/212 Commercial St, Mount Gambier is a 2 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 228m2 and floor size of 87m2.

Building Type
Unit
Year Built
2002
Floor Size
87m2
Land Size
228m2
Local Government
Mount Gambier

Last Listing description (November 2021)

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

A fantastic investment opportunity in this neat and tidy two bedroom unit with secure parking under main roof. Conveniently positioned only 100m walk to post office, eatery, hotel/ bistro and less than 700m to Woolworths, bakery, chemist and retail!

Open kitchen/ dining with electric cooking and reverse cycle

Separate carpeted living with gas heating
Both bedrooms with built-in-wardrobes
Bathroom with walk-in shower, bath & vanity. Separate toilet
Laundry with wash trough and external access
Single carport under main roof with roller door
Rear yard has garden shed for storage
Currently leased at $235 through to May 2022

SA Water Supply: approx. $274.40 per annum
SA Water Sewerage: approx. $294 per annum
Council Rates: approx. $1236 per annum

Property History for 1/212 Commercial St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Listed for Rent
$260/w
14 Apr 2022
  • 25 Aug 2021
    Listed for Sale $205,000 - $215,000

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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.

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.