OFF MARKET

1/9 Gordon Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 54m2
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Property Details for 1/9 Gordon St, Mount Gambier

1/9 Gordon St, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 54m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1980
Floor Size
65m2
Land Size
54m2
Local Government
Mount Gambier
Lot/Plan
U1/S6313

Last Listing description (June 2023)

Ideal for investor or first home buyer.

If it's a set and forget investment property you're looking for then this is one not to pass by. Fantastic addition to any investor's portfolio.

Two bedrooms one with built in robes, general open concept living area.

Completely refurbished, new kitchen, new bathroom, freshly painted throughout, new floor coverings, new roller holland blinds, reverse cycle split system air conditioning.

Large under croft garage with room for a single vehicle and plenty of storage.
Private and secure small yard with timber deck rare find for units.

Estimated rent return of $285 to $295pw giving this investment approx. 6% return.

Extra Information:
Council Rates / $1,196.66 p/a
SA Water Supply Charge / $70.80
SA Water Sewer Supply Charge / $75.85
Emergency Services Levy / $71.25
Strata Corporation Fees / $315.00 p/qtr
Independent Rental Appraisal $285-$295 p/w
Build Year / 1980
Land Size / 231 m2
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 propertys 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 1/9 Gordon St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$255,000
27 Jun 2023
Listed for Rent
$244/w
07 May 2020
  • 27 Jun 2023
    Sold for $255,000
  • 18 May 2023
    Listed for Sale $249,000-$269,000
  • 01 Apr 2020
    Listed for Rent $245 / 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 13,860 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 54 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 672 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.