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Sold on 05 Nov 2024 for $397,000

5 Balambool Avenue
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 660m2
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Property Details for 5 Balambool Ave, Mount Gambier

5 Balambool Ave, Mount Gambier is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 660m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Land Size
660m2
Local Government
Mount Gambier
Lot/Plan
A26/D20880

Last Listing description (November 2024)

Please enquire for a private inspection via video call or a hosted one-to-one viewing.

A very neat and tidy brick and tile residence that is superbly positioned alongside a reserve. The interior boasts a generously proportioned formal living area, complete with wood fire place for utmost comfort. The neatly landscaped rear yard offers a tranquil retreat, with easy access through the carport area.

•     Currently tenanted at $300 per week - rent increasing to $370 per week as of 04/10/2024 until 30/03/2025

•     Open plan kitchen/ dining offers electric cooking and breakfast bar
•     Living area offers wood fire heating and ceiling fan
•     Master bedroom offers floor to ceiling built-in-robes
•     Bedrooms 2 and 3 both with built-in-robes and of a generous size
•     Main bathroom offers bath, walk-in shower and vanity. Separate toilet
•     Large tiled laundry complete with wash trough and storage
•     Outdoor entertaining by the pergola, creating expansive undercover paved area
•     Secure and low maintenance yard provides safety for children and pets and garden shed for storage

Council Rates: approx. $1376 per annum
SA Water Supply: approx. $74.20 per quarter
SA Water Sewerage: approx. $79.50 per quarter

Speak with the Property Management team at Complete Real Estate about managing this property

Property History for 5 Balambool Ave, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$397,000
05 Nov 2024
Listed for Rent
$250/w
12 Aug 2019
  • 05 Nov 2024
    Sold for $397,000
  • 24 Jul 2024
    Listed for Sale $379,000 - $399,000
  • 29 Mar 2022
    Sold for $270,000
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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 13,862 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 55 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 680 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Marika Hart
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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.