OFF MARKET

3007/7 Lake Terrace W
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 14 Oct 2024
Low

High
Save

Property Details for 3007/7 Lake Tce W, Mount Gambier

3007/7 Lake Tce W, Mount Gambier is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950.

Building Type
Unit
Year Built
1950
Local Government
Grant

Last Listing description (October 2023)

Always thought you couldn't afford apartment living
Think again, SAL Real Estate is thrilled to offer for sale this
Luxurious 2 bedroom apartment at the Lakes.

With a well thought out floor-plan, the apartment offers
A good size walk in robe and ensuite off the main bedroom
A generous size second bedroom with built in robes
Open plan kitchen/dine and lounge areas
And a balcony for Summer entertaining
Offering stunning views over the city by day and night
Enjoy strolls around the Valley Lake, or your favourite coffee at The Tuckshop nearby.
Garaging for 2 vehicles with remote roller doors

Currently tenanted at $320 per week until 11/10/23

Water Supply $74.20 per quarter (tenant pays usage and supply)
Sewer $79.50 per quarter
Council Rates $1263.81 per annum
Strata Fees $1567 per quarter

Property History for 3007/7 Lake Tce W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Listed for Rent
$280/w
08 Sep 2021
  • 07 Jul 2023
    Listed for Sale $309,000 - $339,000
  • 07 Mar 2023
    Listed for Sale $309,000-$339,000
  • 08 Sep 2021
    Listed for Rent $280 / week
Sign in to see more transactions

Commute Calculator

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 13,838 properties. Over the last 5 years, Houses in Mount Gambier have seen a 96.17% increase in median value, while Units have seen a 88.81% increase. As at 30 September 2024:

  • The median value for Houses in Mount Gambier is $452,216 while the median value for Units is $316,661.
  • Houses have a median rent of $430 while Units have a median rent of $300.
There are currently 86 properties listed for sale, and 50 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 677 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

Market Insights
Mount Gambier Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Gambier Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.