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Investment Property Mount Gambier, SA, 5290

Suburb Snapshot

Mount Gambier is a suburb in the Mount Gambier Region of South Australia. Mount Gambier has a population of 25,513 people and 30.38% of its occupants live in rental accommodation. The median listing price for houses is $495,000 and this has changed 10.24% over the past year and changed 30.60% over 2 years.

The median rent in Mount Gambier for houses is $440 per week and the median rental yield is 4.62%. Stock on the market for houses/townhouses has changed -6.31% compared to last year and the average time to sell a house/townhouse is 53 days.The median listing price for units is $285,000 and this has changed 16.32% over the past year. The average unit takes 56 days to sell and the median rent for a unit in Mount Gambier is $270 per week, producing a rental yield of 4.92%.

Supply & Demand in Mount Gambier, Mount Gambier

0.77%

Current vacancy rate


99

Rental stock available


25,513

Population


30.38%

Rental population


0.77%

Current vacancy rate


99

Rental stock available


26,277

Population


29.84%

Rental population


0.50%

Current vacancy rate


4,460

Rental stock available


1,676,654

Population


25.08%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Mount Gambier, Mount Gambier

  House Townhouses Units
Median listing price $495,000 $349,000 $285,000
Median price change - last quarter 2.06% 0.00% 5.94%
Median price change - 1 year 10.24% 0.00% 16.32%
Median price change - 2 years 30.60% 20.76% 19.24%
  House Townhouses Units
Median weekly rent $440 $360 $270
Median yield % 4.62% 5.36% 4.92%
Median rent change - 1 year 7.31% 5.88% 3.84%
  House Units
Previous month sales 66 10
Stock on market previous month 104 20
Stock variance vs. last year -6.31% -20.00%
Average days on market 53 56

Mount Gambier investment property listings

Showing 2 of 2 investment properties found in Mount Gambier on realestateinvestar.com.au

3/111 Sturt St, Mount Gambier

$395,000

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Standalone Unit - Spacious & Solid

Positioned in a quiet and tightly held group of just three units, this solid and spacious standalone residence offers a rare combination of privacy, convenience and easy living all just moments from the heart of Mount Gambier's CBD. Properties like this are increasingly hard to find. Being ...

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Unit

SA 5290


4/121 Wehl Street North, Mount Gambier

$339,000

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RARE 3 BEDDER!

A fantastic opportunity to break the rental cycle Spacious strata title unit big enough for a family Offering 3 double bedrooms Huge open plan kitchen/dining/living area Generous kitchen with ample bench & cupboard space stainless electric oven Living area with gas heater, western windows ...

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Unit

SA 5290


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