SOLD
Sold on 15 Dec 2023 for $535,000

59 Commercial Street E
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 413m2
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Property Details for 59 Commercial St E, Mount Gambier

Building Type
Commercial
Land Size
413m2
Local Government
Mount Gambier
Lot/Plan
A91/F212924

Last Listing description (March 2024)

GOOD CENTRAL LOCATION

* Total lettable area of approx 174m2 consisting of:
* Open area at front of shop
* Four change rooms
* Two storage areas
* Kitchen area and toilet
* Rear access to building
* Available approx 17/06/2024

Property History for 59 Commercial St E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$535,000
15 Dec 2023
Listed for Rent
$598/w
08 Mar 2024
  • 15 Feb 2024
    Listed for Rent $31,200 / year
  • 15 Dec 2023
    Sold for $535,000
  • 31 Jan 2022
    Sold for $550,000
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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, 680 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.