OFF MARKET

1 Walter Street
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 663m2
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Property Details for 1 Walter St, Mount Gambier

1 Walter St, Mount Gambier is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 663m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1950
Floor Size
101m2
Land Size
663m2
Local Government
Mount Gambier
Lot/Plan
A7/D4105

Last Listing description (October 2023)

Centrally located with only a short walk to rail lands walking trail CBD and Coles/Aldi shopping.

Featuring secure peace and tranquillity this recently refurbished solid stone home is sure to impress with its generous size lounge with polished timber floorboards kept warm and cosy by the gas space heater plus the option of reverse cycle split system air conditioning.

Separate eat in kitchen equipped with modern appliances, gas cook top and electric oven, with the convenience of a dishwasher and northerly aspect and views of the tranquil private garden. This home offers three good sized carpeted bedrooms with build in robes in the main and second, exposed timber floorboards to the main living areas and passage, compact yet functional updated bathroom with shower over bath and separate toilet.

Laundry with north facing sun filled storage room perfect for an all-year-round laundry drying area. Glass sliding door exiting the home you are welcomed by the paved patio area overlooking the delightfully landscaped private rear garden with ability to close off rear yard from front yard. Secure high timber paling front fencing gives added privacy and security to the home. With remote controlled electric accessible sliding gate to a driveway long enough for three vehicles one behind the other with a small single car garage.

Endless opportunities for occupancy, extending versatility to nestling into a first home, those looking at downsizing to something low maintenance and secure enabling that time to travel or looking to invest in an ideal permanent located rental home or to use as short-term holiday accommodation with potential rent return between $400 - $420 per week (approx 5.5% return)

Extra Information:
Council Rates / $1,398.94 p/a
SA Water Supply Charge / $70.80 p/qtr
Independent Rental Appraisal / $400-$420 p/wk
Land Size / 658m2
Council / City of Mount Gambier
Zoning / Residential

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 Walter St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$416,000
12 Oct 2023
Listed for Rent
$230/w
01 Dec 2015
  • 12 Oct 2023
    Sold for $416,000
  • 23 Aug 2023
    Listed for Sale $375,000 - $399,000
  • 29 Mar 2021
    Sold for $295,000
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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 13,863 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.