OFF MARKET

56A North Terrace
Mount Gambier SA 5290

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 186m2
Land area: 778m2
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Property Details for 56a North Tce, Mount Gambier

56a North Tce, Mount Gambier is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1974. The property has a land size of 778m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1974
Floor Size
186m2
Land Size
778m2
Local Government
Mount Gambier
Lot/Plan
A820/F193812

Last Listing description (July 2023)

Proudly perched on an elevated corner allotment, 56a North Terrace in Mount Gambier is your opportunity to purchase a completely renovated, solid brick and stone family home in a popular location close to the CBD. You won't need to lift a finger, where from the floors to the rooftop and everything in between, every update has been done for you.

Entering the home, you're immediately met with a light, bright and inviting space. The north facing kitchen and dining takes in beautiful natural light whilst offering views overtop of McDonald Park Primary School - a convenient location for a growing family with nearby schooling and new childcare facilities opening soon. Brand new cabinetry and benchtops in the kitchen are complemented by quality Westinghouse appliances, with electric cooking and a dishwasher. The lounge room is spacious and carpeted for comfort, and a 7.1kw Kelvinator split system will keep you cool in summer and warm in winter.

The main bedroom includes built in wardrobes and a generously appointed ensuite with floor to ceiling tiles, a large walk in shower, toilet and large vanity. Bedrooms 2 and 3 include brand new built in robes and are also north facing for natural light, and new window finishings that extend throughout the entire home as well. Bedroom 4 provides room for the larger family, or the flexibility for a 2nd living space, formal dining or home office, with it's corner windows taking in the surrounding views.

Wet areas include a main bathroom with walk in shower, separate deep bathtub and vanity, whilst the laundry offers ample bench space and storage, with additional linen storage available in the hallway - all wet areas featuring the same floor to ceiling tiling in lovely neutral tones. Plumbing throughout the home has been completely updated, including brand new 315L electric hot water service and water softener conveniently tucked away in a secure utility closet outside.

Further improvements to the home include brand new switchboard and wiring throughout. Outside, a new colorbond roof and gutters in stylish Monument contrast perfectly with the dark brick facade and blacked out window frames. A secure rear yard provides a safe space for the kids or pets to play, with rear yard double gated access allowing for vehicles and further potential for shedding if desired. An external storage room under the main roof line currently provides storage for garden equipment etc, with a paved rear pergola giving an outside entertaining option as well.

Ready to move in and enjoy immediately, or add a fully renovated option to your rental portfolio with strong returns available. Contact Alistair or Malcolm to arrange your viewing today.

RLA: 291953
Additional Property Information:
Approx Property Age: 1974
Land Size: 753sqm
Water Rates: approx $147 per quarter
Rental Appraisal: A rental appraisal has been conducted of approximately $500.00 - $530.00 per week

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Property History for 56a North Tce, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$530,000
20 Jul 2023
  • 20 Jul 2023
    Sold for $530,000
  • 06 Jun 2023
    Listed for Sale $489,000 - $519,000
  • 10 Oct 2022
    Sold for $220,000
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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 13,863 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 99 properties listed for sale, and 56 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 673 properties were sold in the past 12 months in Mount gambier.

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