3/172 Commercial Street E, Mount Gambier, SA 5290 | Unit for sale | OnTheHouse
 
FOR SALE
$290,000

3/172 Commercial Street E
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 130m2
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Ideal Central Location

This solid two-bedroom brick unit offers exceptional opportunity for investors, downsizers, or first-home buyers seeking low-maintenance living in a highly convenient Mount Gambier location.
Step inside to find two generously sized bedrooms, one fitted with a built-in robe to maximise storage and comfort. The open-plan kitchen and lounge create a welcoming central living space, featuring an electric cooktop and oven, ample cabinetry, and a practical layout ideal for everyday living.
A well-appointed main bathroom includes a shower, toilet, and a functional design, ensuring ease of use and low upkeep. Direct external access leads to the single garage, complete with a roller door for secure parking and added peace of mind.
Outdoors, the securely fenced rear yard provides privacy and versatility - perfect for an outdoor seating, or a touch of gardening. The tidy courtyard and low-maintenance gardens further enhance the appeal for those seeking effortless living.
Positioned just moments from local shopping facilities and a short stroll to Mount Gambier's main street, cafes, and essential services, this property delivers both lifestyle and convenience.
Currently tenanted at $540 per fortnight, this property is an ideal investment opportunity.
Additional Information:
Allotment size: Approx 130m2
Building Size: Approx 88m2
Council Rates: Approx $1,100 per annum
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Property Details for 3/172 Commercial St E, Mount Gambier

3/172 Commercial St E, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 130m2. The place is currently for sale with SAL Real Estate - Mt Gambier.

Building Type
Unit
Land Size
130m2
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About Mount Gambier 5290

The size of Mount Gambier is approximately 26.8 square kilometres. There are 114 parks, covering nearly 24.0% of the total area. The population of Mount Gambier in 2016 was 25512 people. By 2021 the population was 25591 showing a population growth of 0.3% in the area during that time. The predominant age group in Mount Gambier is 50-59 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 community and personal service occupation.In 2021, 62.70% of the homes in Mount Gambier were owner-occupied compared with 61.30% in 2016.

Mount Gambier has 13,891 properties. Over the last 5 years, Houses in Mount Gambier have seen a 110.67% increase in median value, while Units have seen a 100.57% increase. As at 31 August 2026:

  • The median value for Houses in Mount Gambier is $583,782 while the median value for Units is $410,327.
  • Houses have a median rent of $478 while Units have a median rent of $360.
There are currently 110 properties listed for sale, and 58 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 665 properties were sold in the past 12 months in Mount gambier.

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Brenton Leggett
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SAL Real Estate - Mt Gambier
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