5 Phillip Street, Mount Gambier, SA 5290 | House for sale | OnTheHouse
 
FOR SALE
$489,000

5 Phillip Street
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 850m2
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Solid Investment on Corner Allotment

Solidly positioned on a sizeable corner allotment close to the Mount Gambier Hospital, UniSA and TAFE campuses along with nearby childcare and primary schooling facilities - all still only a short distance from the CBD and retail shopping at the Marketplace. 5 Phillip Street in Mount Gambier offers an outstanding blend of position and affordability and is a great opportunity to get into the market or add to an already established portfolio.
With it's 1950's stone construction, this solid build is a popular choice for investors and owner occupiers alike, offering 3 well sized bedrooms all with carpet over timber flooring, curtains and privacy blinds, and the master including a ceiling fan.
The main living space includes polished timber flooring with a slow combustion heater and reverse cycle air conditioning plus a ceiling fan keeping you comfortable all year round. Adjoining this space, the galley style kitchen includes free standing cooker with gas cooktop, electric oven and grill.
Wet areas include a central bathroom with separate bathtub and walk in shower, as well as the convenience of a separate toilet nearby. At the rear of the home, the well-appointed laundry includes built in storage along with an adjoining mudroom/storage area leading to access to the backyard.
Outside there is a gated and enclosed yard offering space for the kids to play or secure for pets, with a single car garage offering power and concrete flooring, and is adjoined by a carport for further undercover parking.
Services to the property include town water, sewer and gas supply, with a water softener also installed.
Currently tenanted at $410 per week, this is a great one to add to the portfolio with an already established tenant until November of 2026. Contact Alistair for more information today.
Additional Property Information:
Approx Property Age: 1952
Land Size: 850sqm
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Property Details for 5 Phillip St, Mount Gambier

5 Phillip St, Mount Gambier is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 850m2. The place is currently for sale with Ray White Mt Gambier.

Building Type
House
Land Size
850m2
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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 13,869 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.93% increase in median value, while Units have seen a 105.41% increase. As at 31 July 2026:

  • The median value for Houses in Mount Gambier is $578,108 while the median value for Units is $411,961.
  • Houses have a median rent of $475 while Units have a median rent of $360.
There are currently 106 properties listed for sale, and 53 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 701 properties were sold in the past 12 months in Mount gambier.

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Alistair Coonan
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Ray White Mt Gambier
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