SOLD
RECENT ADVICE
Sold on 28 Mar 2024 for $306,000

1/40 Jubilee Highway W
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 244m2
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This property is currently on the market
2 Bedroom Centrally Located Unit
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Property Details for 1/40 Jubilee Hwy W, Mount Gambier

1/40 Jubilee Hwy W, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 244m2 and floor size of 90m2.This Property is currently listed for rent with Malseeds Real Estate

Building Type
Unit
Year Built
1994
Floor Size
90m2
Land Size
244m2
Local Government
Mount Gambier
Lot/Plan
U1/S13193

Last Listing description (March 2024)

** Due to strong interest & a number of offers being negotiated, we now ask for all Highest, Best & Final Offers to be presented by 3pm Wednesday 20th March 2024 **

Ideally situated just a short distance from Mount Gambier's bustling main street and the popular Vansittart Park Precinct, 1/40 Jubilee Highway West offers a convenient lifestyle in a serene setting. This detached unit is part of a small complex of three, providing a private living space within a vibrant community. Freshly painted and with updated lighting throughout, this property is move-in ready.

As you step into the property, an undercover entrance leads you into the open plan living/dining/kitchen space, boasting a bay window that overlooks the low-maintenance front yard. This inviting area is equipped with a reverse-cycle air conditioner, ensuring comfort throughout the seasons. The neat and neutral kitchen has been carefully designed to offer modern electric cooking facilities, a double sink, ample cupboard space, and a breakfast bench for casual dining.

Transitioning through the unit, a hallway discreetly conceals the bedrooms and wet areas, providing linen storage for added convenience. Both bedrooms are generously sized, with the master bedroom boasting floor-to-ceiling built-in robes for optimal storage. Across from the bedrooms, the bathroom presents a functional layout with a walk-in shower, bath, and vanity. For added convenience, the toilet is located adjacent to the bathroom but is separate for the comfort of occupants and guests.

The laundry area is a practical space with a built-in trough, plenty of room for appliances, and direct access to the side yard for ease of use. At the end of the hallway, you will find the garage conveniently integrated under the main roof, complete with an electric roller door. Additionally, the property offers off-street parking in addition to the garage, ensuring ample space for vehicles.

Outside, a fully enclosed rear and side yard creates a private and low-maintenance outdoor space ideal for relaxing. Whether you are looking to enter the property market, downsize, or expand your rental portfolio, this property presents an excellent opportunity. Don't miss out – contact Bianca Taylor at 0407 613 346 for more information or to schedule a viewing.

Additional Information:
Land Size: Approx. 244m2
Build Size: Approx. 90m2
Council Rates: Approx. $1,389.37 per annum
Emergency Services Levy: Approx. $82.65 per annum
Water Supply / Sewerage Rates: Approx. $154 per quarter
Strata Costs (Insurance Only): Approx. $647 per annum
Age of Building: Approx. 1994
Rental Appraisal: $330 - $350 Per Week

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Property History for 1/40 Jubilee Hwy W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$306,000
28 Mar 2024
  • 24 Apr 2024
    Sold for $306,000
  • 24 Jul 2009
    Transferred
  • 21 Oct 1994
    Sold for $89,160

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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, 681 properties were sold in the past 12 months in Mount gambier.

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Bianca Taylor
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The Property Co. SA
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