OFF MARKET

4/42 Ferrers Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 205m2
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Property Details for 4/42 Ferrers St, Mount Gambier

4/42 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 205m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1997
Floor Size
120m2
Land Size
205m2
Local Government
Mount Gambier
Lot/Plan
U4/S14141

Last Listing description (July 2023)

Wonderfully positioned with gorgeous street appeal, just a short distance from shops, the main street of Mount Gambier and Rail Lands precinct sits this well presented and low maintenance unit at the back of 'The Birches' Complex in leafy Ferrers Street.

Inside the home features 2 carpeted bedrooms the master bedroom with large built-in robes and 2 way access to the spacious bathroom. The bathroom complete with shower, bath and vanity and ease of access to service the property. Second bedroom also contains carpet and built-in robes. Laundry with storage and access to outside the home plus fantastic linen press storage located just off the hallway.

Natural light filling the great sized carpeted lounge room with quality window furnishings, reverse cycle split system and ducted heating. Tiled kitchen and meals area - kitchen with Timber cabinetry, wall oven, double door pantry, breakfast bar, electric cooking and day/night blinds.

Externally, this property features a paved pergola area to enjoy a cup of tea and overlook the low maintenance yard, single lock up garage, and an extra car parking space.

The home will appeal to multiple groups of buyers don't miss this opportunity to secure this lovingly cared for unit so close to town!

Additional Information:
Land Size: Approx 205m2
Building Size: Approx 120m2
Council Rates: Approx $TBC
SA Water Rates & Sewerage: $TBC
Emergency Services Levy: $TBC
Age of Building: Approx 1997
Strata Fee: Approx $957.60 per annum (Admin, Insurance, Sinking Fund, Common Maintenance)
Rental Appraisal: $320 - $340 Per Week

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Property History for 4/42 Ferrers St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$335,000
20 Jul 2023
  • 20 Jul 2023
    Sold for $335,000
  • 14 Jun 2023
    Listed for Sale $339,000 - $359,000
  • 14 Sep 1999
    Sold for $127,000

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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 13,838 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.

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