SOLD
Sold on 08 Oct 2024 for $875,017

10 Lake Terrace W
Mount Gambier SA 5290

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 188m2
Land area: 1196m2
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Property Details for 10 Lake Tce W, Mount Gambier

10 Lake Tce W, Mount Gambier is a 5 bedroom, 2 bathroom House with 6 parking spaces and was built in 1950. The property has a land size of 1196m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
188m2
Land Size
1196m2
Local Government
Mount Gambier
Lot/Plan
A2/D21610

Last Listing description (October 2024)

Nestled in the picturesque Lakes area on Lake Terrace West, this beautifully renovated 1930 built home is perfect for families seeking comfort and convenience. Boasting 4 spacious bedrooms and two well-appointed bathrooms, this residence offers ample space for growing families. The thoughtfully designed kitchen features electric cooking, dishwasher, and an island bench, making meal preparation a breeze. The blend of floorboards, carpet, and tiles throughout the home adds a touch of elegance and practicality.

The property is equipped with reverse cycle air conditioning and gas heating to ensure year-round comfort. The inclusion of solar panels and a Tesla battery solar system highlights the home's commitment to sustainability, while the rain water tanks and gas mains provide additional utility efficiency. A dedicated study offers an ideal space for remote work or homework sessions. The expansive laundry room caters to all your household needs, ensuring functionality meets style.

Outside, the pergola provides the perfect setting for outdoor entertaining, while the huge stone shed offers additional storage space. With parking for up to six vehicles, there's plenty of room for vehicles, tools, and recreational equipment. Located in a family-friendly suburb with easy access to local schools such as Mount Gambier High School and Reidy Park Primary School, this home is an opportunity not to be missed. Act now to secure this delightful property and start creating lasting memories with your loved ones.

Extra Information:
Council Rates / $2,495.20 p/a
SA Water Supply Charge / $78.60 p/qtr
SA Water Sewer Supply Charge / $180.96 p/qtr
Build Year / 1930
Land Size / 1196 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 10 Lake Tce W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$875,017
08 Oct 2024
  • 08 Oct 2024
    Sold for $875,017
  • 16 Jul 2024
    Listed for Sale $849,000-$899,000
  • 01 Jul 2011
    Transferred
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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 13,849 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 95 properties listed for sale, and 52 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 664 properties were sold in the past 12 months in Mount gambier.

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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.