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Sold on 20 May 2024 - Price Unavailable

91 Gray Street
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 132m2
Land area: 729m2
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Property Details for 91 Gray St, Mount Gambier

91 Gray St, Mount Gambier is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 729m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
132m2
Land Size
729m2
Local Government
Mount Gambier
Lot/Plan
A91/F163551

Last Listing description (May 2024)

Welcome to 91 Gray Street, Mount Gambier, offering a beautifully renovated property, ready for your family to move into and start living a low maintenance lifestyle or for the investor, looking for a lucrative investment opportunity. This meticulously renovated property boasts three bedrooms, two bathrooms, and two spacious living areas, creating a harmonious blend of comfort and style.

Step through the front door, and you are greeted by a warm and inviting atmosphere. The open-concept living spaces seamlessly connects the family room, dining area, and kitchen, creating a hub for daily life and shared moments. Large windows bathe the interiors in natural light, enhancing the sense of space and tranquillity.

Extras include electric cooking, inviting gas log fire, two reverse cycle split air con, ceiling fans, enclosed stone shed and garden shed.

Situated in the CBD, this property offers unparalleled convenience. Residents and guests alike will find themselves within easy reach of shopping districts, fine dining, and cultural hotspots. The strategic location ensures that every amenity is just a stroll away, making it an ideal choice for those who value both comfort and convenience.

Investors will be pleased to discover the immense potential for short-term rentals in this prime location. The property's proximity to key attractions and amenities ensures a steady stream of potential guests, making it a lucrative investment opportunity for those looking to enter the thriving world of Airbnb hosting. This property is available walk-in walk out, with all furniture, linen and strong future bookings included. Figures showing an $50k plus income per annum are available upon request and once a confidentiality agreement is signed.

Extra Information:
Council Rates / $1,513.82 p/a
SA Water Supply Charge / $74.20 p/qtr
SA Water Sewer Supply Charge / $117.42 p/qtr
Emergency Services Levy / $90.50 p/a
Independent Rental Appraisal / $460-$485 p/wk
Build Year / 1950
Land Size / 729m2
Council / City of Mount Gambier
Zoning / Established 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 property’s 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 91 Gray St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
20 May 2024
  • 13 Jun 2024
    Sold for $485,000
  • 08 Dec 2023
    Listed for Sale $499,000 - $519,000
  • 15 May 2020
    Transferred
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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.

Suburb Insights for Mount Gambier 5290

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Al Lamond
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Ben Ransom
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Key 2 Sale
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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.