SOLD
RECENT ADVICE
Sold on 31 May 2024 for $175,000

7/7 Arbor Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 7/7 Arbor St, Mount Gambier

7/7 Arbor St, Mount Gambier is a 2 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Mount Gambier in the last 12 months.

Building Type
Unit
Local Government
Mount Gambier
Lot/Plan
U7/S6983

Last Listing description (May 2024)

Nestled at the end of a strata group complex, just a stone's throw away from the enchanting lakes area. This delightful residence is strategically positioned, offering unparalleled convenience to popular schools, a vibrant recreation centre, and the scenic rail lands.

• Currently leased at $185pw to 23/9/2025 with long term tenant.
• Located at the end providing additional parking options.

• Open plan kitchen, dining and living space in neutral tones with carpeted lounge area
• 2 large bedrooms, 1 with built in wardrobes
• Offering updated separate bathroom nicely tiled
• Laundry with single trough and rear door to low maintenance yard

Council Rates: $304 per quarter
Water Rates: $79.50 per quarter
Sewer Rates: $74.20 per quarter
ESL: $68.95
Strata fees: $249pq ($199 Admin/Ins - $50 Sinking Fund)

Property History for 7/7 Arbor St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$175,000
31 May 2024
Listed for Rent
$160/w
20 Jan 2015
  • 31 May 2024
    Sold for $175,000
  • 15 Nov 2023
    Listed for Sale $179,000 - $199,000
  • 24 Sep 2015
    Sold for $115,000
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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 13,860 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 54 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 672 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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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.