SOLD
Sold on 22 Nov 2024 for $250,000

2 Charles Street
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 99m2
Land area: 324m2
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Property Details for 2 Charles St, Mount Gambier

Building Type
Land
Year Built
1900
Floor Size
99m2
Land Size
324m2
Local Government
Mount Gambier
Lot/Plan
A688/F194490

Last Listing description (April 2020)

Are you a property investor or business owner and looking for that vacant allotment to develop and own.

Offered for sale is this rare piece of land amongst other booming businesses, schools and homes on Commercial Street West and Charles Street.


The allotment is approximately 971m2 with Commercial Street frontage of approx 16m2.

Situated in the sought after Western side of town, this allotment is unlimited for commercial development (STCA).

Property History for 2 Charles St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$250,000
22 Nov 2024
  • 22 Nov 2024
    Sold for $250,000
  • 12 Jul 2019
    Listed for Sale $197,000
  • 04 Mar 2019
    Listed for Sale Not Disclosed
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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 13,864 properties. Over the last 5 years, Houses in Mount Gambier have seen a 101.25% increase in median value, while Units have seen a 96.22% increase. As at 30 November 2024:

  • The median value for Houses in Mount Gambier is $464,512 while the median value for Units is $345,007.
  • Houses have a median rent of $440 while Units have a median rent of $300.
There are currently 107 properties listed for sale, and 48 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 667 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.