SOLD
Sold on 23 Feb 2024 for $660,000

18 Duigan Street
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11310m2
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Property Details for 18 Duigan St, Mount Gambier

Building Type
Land
Land Size
11310m2
Local Government
Mount Gambier
Lot/Plan
A569/F194371

Last Listing description (September 2022)

18 Duigan Street, Mount Gambier presents a significant central township development opportunity of approximately 11,300 square metres. The site is well positioned in the established town centre of Mount Gambier, just a short 1.5km walk to major national retailers including Coles, Aldi, Foodland and K-Mart.

The property is contained in one single Certificate of Title and is perfectly positioned in the established inner community of Mount Gambier, creating flexibility to tailor a site design that maximises efficiency and feasibility for astute developers. The 11,300 square metres currently presents as vacant land and is primed for redevelopment.

Mount Gambier a thriving progressive community serving as a major service centre for the Limestone Coast. The area has seen significant local investment in the recent past including the new $57m Community and Recreation Hub currently under construction, just 1.1km from the subject site.

The region has also recently announced a new $60m timber manufacturing mill that will locally produce commercial building timber, generating more local jobs and boosting the local economy.

For more information please contact Colliers as the exclusive selling agents:

Rhys Newman +61 477 881 265
Alistair Mackie +61 412 817 977
Jordan Schmidt +61 403 422 762

Property History for 18 Duigan St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$660,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $660,000
  • 07 Jun 2021
    Listed for Sale Please contact agent
  • 22 Oct 2018
    Sold for $110,000

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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, 681 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.