SOLD
Sold on 01 Dec 2023 for $229,000

47 Pressey Street
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 92m2
Land area: 552m2
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Ray White Mount Gambier
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Property Details for 47 Pressey St, Mount Gambier

47 Pressey St, Mount Gambier is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 552m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
92m2
Land Size
552m2
Local Government
Mount Gambier
Lot/Plan
A9/F50104

Last Listing description (October 2023)

Ray White Mt Gambier is pleased to introduce 47 Pressey Street, Mount Gambier, This property beckons with an enticing opportunity to step into the real estate market or enrich your investment portfolio, all at an incredibly affordable price point.

Upon entering this property, the first thing you'll notice is the well-maintained main living area featuring original timber floorboards and a split system heating and cooling unit for year-round comfort. From there, you'll find the dine-in kitchen, being the sole area of the property that hasn't undergone any updates, It comes equipped with gas cooking appliances. The rest of the home has been carefully revitalized, including fresh paint and new window treatments throughout, resulting in a ready-to-move-in living space.


The allure of timber flooring extends gracefully into all of the 3 bedrooms, adding warmth and character to each space.

The bathroom is well-appointed with a convenient shower-over-tub configuration, floor to ceiling tiles and an updated vanity. Meanwhile, the toilet is thoughtfully positioned separately, providing added privacy and convenience, tucked away adjacent to the laundry at the rear of the residence.

Stepping outside, a generously proportioned pergola area awaits, offering an ideal setting for entertaining. This delightful outdoor space overlooks the secure rear yard, ensuring privacy and tranquility. Two practical garden sheds on hand, offering valuable additional storage space for your tools and equipment.

This property is seamlessly connected to essential services, including town gas, water, and sewer supply, with the added convenience of solar panels and a gas hot water unit.

With its impeccable presentation and fantastic potential, this property is not just a tidy investment; it's an enticing addition to any real estate portfolio. Alternatively, it provides an affordable and accessible starting point for your property journey. For further details and to explore the possibilities, don't hesitate to reach out to Tahlia and the Ray White Mt Gambier team today. Your real estate dreams may be closer than you think.

RLA - 291953
Additional Property Information:
Approx Property Age: 1950
Land Size: 543sqm
Council Rates: Approx. $277 p/q
Rental Appraisal: A rental appraisal has been conducted of approximately: $270.00 - $290.00 per week

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Property History for 47 Pressey St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$229,000
01 Dec 2023
  • 01 Dec 2023
    Sold for $229,000
  • 14 Sep 2023
    Listed for Sale $209,000 - $229,000
  • 28 Apr 2009
    Sold for $108,000
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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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