OFF MARKET

3/42 Ferrers Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 222m2
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Property Details for 3/42 Ferrers St, Mount Gambier

3/42 Ferrers St, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 222m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1997
Floor Size
120m2
Land Size
222m2
Local Government
Mount Gambier
Lot/Plan
U3/S14141

Last Listing description (May 2018)

Central, solid, slate fronted unit in a popular strata complex. Just a short stroll to the CBD this fantastic unit has been meticulously maintained and is well suited to retirees, first home buyers or investors. Inside offers 2 spacious bedrooms each with built in wardrobes, and the main featuring access to a two way bathroom offering shower, bath and vanity plus separate toilet. A large open plan living area at the rear features timber kitchen with electric cooking and breakfast bar, along with dining and lounge spaces. Extensive refurbishment over the last few years includes new carpets, freshly painted interior and installation of surround sound speaker system. Single car garage UMR with remote entry & under cover access to the back door. A private rear courtyard garden is securely fenced with attractive lawns and plants. Extras include gas ducted heating, instant gas hot water and own water meter. Dont miss your chance to grab a unit in a highly sought after location.

Investors please note Independent Rental Appraisal Estimate $300 per week or $350 fully furnished per week.

OUTGOINGS: Council Rates: $311 per quarter, Strata Fee $650 per annum

Property History for 3/42 Ferrers St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$248,000
24 Apr 2018
  • 24 Apr 2018
    Sold for $248,000
  • 16 Jan 2018
    Listed for Sale $249,000
  • 01 Jun 2008
    Sold for $165,000
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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 13,860 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 101 properties listed for sale, and 58 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 663 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.