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Sold on 26 Apr 2024 for $450,000

100 Lake Terrace E
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 736m2
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Property Details for 100 Lake Tce E, Mount Gambier

100 Lake Tce E, Mount Gambier is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 736m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1962
Land Size
736m2
Local Government
Mount Gambier
Lot/Plan
A18/D4638

Last Listing description (April 2024)

This beautifully renovated property on an elevated allotment offers the perfect blend of classic charm and contemporary convenience. Soaked in plenty of natural light, freshly painted outside in "Cotton Cloud" and north facing, this bright and airy home is sure to impress.

Upon entry you are greeted by a wide entrance hall with linen cupboard and gorgeous timber floors that run seamlessly throughout to the bedrooms, lounge and dining space. Comprising of three bedrooms all bedrooms have modern blinds and ceiling fans while the main and bedroom 2 have built-in robes.

The kitchen/dining area is extremely spacious with the kitchen boasting electric cooking and plenty of cupboard and bench space making meal prep and entertaining a delight. This space welcomes in plenty of natural light, enhancing the polished timber floorboards and creating a warm, inviting atmosphere. A split system air conditioner completes this space and provides the heating and cooling options. A glass sliding door separates the kitchen/dine space from the north facing lounge area with deco cornicing and feature ceiling rose.

The renovated modern bathroom is complete with a separate bath, large walk in shower, vanity and toilet. The laundry and rear porch/mud room has also been revamped, including a built-in laundry basin, benchtops, and even a broom cupboard for added convenience. There is also a second toilet to accommodate a busy household.

Easy access to a double garage via a deep concrete driveway allows plenty of parking options, while the neat and tidy fully fenced low maintenance backyard with feature raised garden bed becomes the ideal haven for children and pets.

The property also includes a powered garden shed, wood shed, 4.8kw solar system, 12 month old water softener, electric hot water service and rainwater tank.

Close to Swallow Drive Shopping Centre and Grant High School, this move-in-ready residence is an ideal proposition for first-home buyers, investors, or downsizers seeking a walk in ready home with all the hard work done!

Extra Information:
Council Rates / $1,504.25 p/a
SA Water Supply Charge / $74.20 p/qtr
SA Water Sewer Supply Charge / $79.50 p/qtr
Emergency Services Levy / $89.90 p/a
Independent Rental Appraisal / $400-$420 p/w
Land Size / 736m2
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 property’s 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 100 Lake Tce E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$450,000
26 Apr 2024
  • 17 May 2024
    Sold for $450,000
  • 09 Jan 2018
    Sold for $227,000
  • 21 Nov 2017
    Listed for Sale $229,000
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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 13,838 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, 677 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Toni Gilmore
Show contact details
Key 2 Sale
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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.