OFF MARKET

4/124 Jubilee Highway W
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 86m2
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Last updated 11 Nov 2024
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Property Details for 4/124 Jubilee Hwy W, Mount Gambier

4/124 Jubilee Hwy W, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 86m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1975
Floor Size
84m2
Land Size
86m2
Local Government
Mount Gambier
Lot/Plan
U4/S2326

Last Listing description (March 2022)

Investors, Key 2 Sale Real Estate has much pleasure in offering for sale 2 units located at 3 & 4 / 124 Jubilee Highway West, Mount Gambier. Each residential property offers a solid brick & tile unit comprising of 2 bedrooms, currently both units are leased to excellent tenants.

UNIT 3
Queen size main bedroom with built in robe

Dine in kitchen with electric cooking
Comfortable lounge area with inbuilt gas heater
Central main bathroom with separate shower, bath, toilet & laundry
Low maintenance rear yard with garden shed & fold away clothes line
Off street under cover parking in single carport
Currently in a periodic lease at $155 per week

UNIT 4
Queen size main bedroom with built in robe
L Shaped kitchen with heaps of cupboards & electric cooking
Large lounge/dining area with wall type r/c air conditioning
Central main bathroom with separate shower, bath, toilet & laundry
Low maintenance rear yard with fold away clothes line
Off street under cover parking in single carport
Currently in a fixed term lease at $175 per week until 21/03/2023

Add both these units to your investment portfolio, contact Al Lamond or Ben Ransom today regarding this fantastic opportunity.

Extra Information:
Zoning / Suburban Neighbourhood
Council / City of Mount Gambier

Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Property History for 4/124 Jubilee Hwy W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$350,000
22 Apr 2022
Listed for Rent
19 Mar 2020
  • 22 Apr 2022
    Sold for $350,000
  • 11 Mar 2022
    Listed for Sale $169,000 - $179,000 each
  • 28 Feb 2020
    Listed for Rent $175 / 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 13,860 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.