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Sold on 16 Apr 2024 for $277,500

3/1 Acacia Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/1 Acacia St, Mount Gambier

3/1 Acacia St, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Mount Gambier in the last 12 months.

Building Type
Unit
Local Government
Mount Gambier
Lot/Plan
U3/S6586

Last Listing description (April 2024)

Located only a short 5-minute drive from the city centre of Mount Gambier, Gebhardts are pleased to present this lovely brick and tile unit, features include:
• Located in a quiet group of three and of solid construction
• Open plan kitchen and living area complete with a reverse cycle split system

• Updated kitchen with dishwasher, electric cooking and loads of storage
• Offering two generous bedrooms which both include built-in robes
• Functional bathroom, separate bath and shower
• Remote garage with internal access
• Rear paved courtyard and extremely low maintenance living making it a great investment or easy care living
• Currently tenanted until November 2024 at $290 per week

Further property information:
Land size: approx. 195m2
Council: City of Mount Gambier
Zoning: Suburban Neighbourhood
Strata Fees - Approx. $596 p.a
Rental Information: Currently tenanted at $290 per week

Property History for 3/1 Acacia St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$277,500
16 Apr 2024
Listed for Rent
$275/w
28 Nov 2022
  • 03 May 2024
    Sold for $277,500
  • 03 Apr 2024
    Listed for Sale $260,000 - $280,000
  • 21 Nov 2022
    Sold for $233,000
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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, 673 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Paul Chuck
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Ben Jeffrey
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Gebhardts Real Estate
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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.