OFF MARKET

18 O'Connor Drive
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 529m2
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Property Details for 18 O'Connor Dr, Mount Gambier

18 O'Connor Dr, Mount Gambier is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1973. The property has a land size of 529m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1973
Floor Size
92m2
Land Size
529m2
Local Government
Mount Gambier
Lot/Plan
A3/D38744

Last Listing description (May 2023)

This well-located three-bedroom duplex is a perfect opportunity for investors looking for a solid return. Situated in a desirable area, this property offers an attractive rental yield with a current rental rate of $330.00 per week. While the property is not brand new, it is a sturdy and well-maintained option for those seeking a reliable investment. As you enter the home, you are greeted by a spacious lounge area with comfortable carpeting. The open-style kitchen boasts gas cooking and ample storage, with enough space for a dining table. The flooring throughout the home is easy-to-maintain floorboards. All three bedrooms are generously sized, providing excellent accommodation for tenants. The bathroom features a full-size bath and a separate shower, offering functional amenities for residents. Access to the backyard can be found through the laundry room, leading to a large undercover area and wooden shed. Additional features of this duplex include a lounge area equipped with a reverse-cycle air-con, a good-sized eat-in kitchen, floor-to-ceiling built-ins in the main bedroom, an undercover patio, and a shed for storage. The location of this property is particularly convenient, with a playground and skatepark situated just across the road, adding to the property's appeal for prospective tenants. Overall, this three-bedroom duplex offers a fantastic investment opportunity with excellent potential for a consistent and stable return.

Property History for 18 O'Connor Dr, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$270,000
21 Apr 2023
Listed for Rent
$330/w
30 Sep 2022
  • 21 Apr 2023
    Sold for $270,000
  • 25 Jan 2023
    Listed for Sale $289,000
  • 19 Sep 2022
    Listed for Rent $330 / 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 13,862 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 100 properties listed for sale, and 59 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 647 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.