SOLD
Sold on 26 Jun 2024 for $270,000

1/7A Lake Terrace E
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 93m2
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Property Details for 1/7a Lake Tce E, Mount Gambier

1/7a Lake Tce E, Mount Gambier is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 93m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Mount Gambier in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
100m2
Land Size
93m2
Local Government
Mount Gambier
Lot/Plan
U1/S4452

Last Listing description (May 2024)

PLEASE APPLY VIA TENANT OPTIONS - tenantoptions.com.au Avail 06/05
*Neat 2 Bedroom unit with polished floorboards
*Electric cooking appliances

*Built in robes
*Freshly painted, new window treatments throughout
*Split System for heating and cooling
*Sorry, no pets

Property History for 1/7a Lake Tce E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$270,000
26 Jun 2024
Listed for Rent
$235/w
02 May 2024
  • 26 Jun 2024
    Sold for $270,000
  • 02 Apr 2024
    Listed for Rent $235 / week
  • 02 Aug 2021
    Listed for Rent $220 / 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 13,863 properties. Over the last 5 years, Houses in Mount Gambier have seen a 97.34% increase in median value, while Units have seen a 89.37% increase. As at 31 October 2024:

  • The median value for Houses in Mount Gambier is $456,548 while the median value for Units is $332,955.
  • Houses have a median rent of $430 while Units have a median rent of $305.
There are currently 99 properties listed for sale, and 56 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 673 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.