SOLD
Sold on 13 Jun 2024 for $298,000

6 Manda Street
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 111m2
Land area: 672m2
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Property Details for 6 Manda St, Mount Gambier

6 Manda St, Mount Gambier is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1979. The property has a land size of 672m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1979
Floor Size
111m2
Land Size
672m2
Local Government
Mount Gambier
Lot/Plan
A38/D10342

Last Listing description (June 2024)

Ideal Investment or first home, this 3 bedroom property sits on the edge of town with the blend of peaceful rural views from the rear of the home and convenient access to the town's amenities. Whether your a savvy investor or first time home buyer this residence come with an affordable price tag.

The home boasts 3 comfortable bedrooms with the main having a built in robe and ensuite. Designed with a family in mind the property also offers potentially 2 living areas. Adjoining the open plan kitchen is the meals and/or small living area with this space welcoming plenty of natural light and rural views, while the front lounge room is spacious. The kitchen is equipped with gas cooking and plenty of storage cupboards.

Heating and cooling are assisted by the reverse cycle air conditioner and cosy wood fire, while the main bathroom, separate toilet and laundry are neat and tidy providing functionality and convenience.

Outside you'll find a low maintenance garden, single iron shed which provides storage solutions for tools and equipment while the carport offers a sheltered parking space and the front verandah creates a calming space to sit and unwind.

Currently leased and with a rent return of $300.00 per week this property presents a compelling investment opportunity providing a strong consistent return on your investment.

A great opportunity to start or grow your investment portfolio!

Please note: The photos were taken prior to occupancy.

Extra Information:
Council Rates / $1,341.15 per annum
SA Water Supply Charge / $68.60 per quarter
SA Water Sewer Supply Charge / $73.50 per quarter
Emergency Services Levy / $79.60 per annum
Lease Details / $300.00 per week
Independent Rental Appraisal / $320-$360 p/wk
Build Year / 1979
Land Size / 670m2
Council / City of Mount Gambier
Zoning / Suburban Neighbourhood

Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a propertys land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Property History for 6 Manda St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$298,000
13 Jun 2024
Listed for Rent
$200/w
05 Feb 2018
  • 13 Jun 2024
    Sold for $298,000
  • 14 Mar 2024
    Listed for Sale $285,000 - $310,000
  • 28 Jan 2021
    Sold for $159,000
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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 13,849 properties. Over the last 5 years, Houses in Mount Gambier have seen a 88.75% increase in median value, while Units have seen a 86.51% increase. As at 31 July 2024:

  • The median value for Houses in Mount Gambier is $443,110 while the median value for Units is $305,888.
  • Houses have a median rent of $420 while Units have a median rent of $300.
There are currently 102 properties listed for sale, and 53 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 675 properties were sold in the past 12 months in Mount gambier.

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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.