1/8 Lake Terrace W, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

1/8 Lake Terrace W
Mount Gambier SA 5290

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 178m2
Land area: 283m2
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Property Details for 1/8 Lake Tce W, Mount Gambier

1/8 Lake Tce W, Mount Gambier is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2007. The property has a land size of 283m2 and floor size of 178m2.

Building Type
House
Year Built
2007
Floor Size
178m2
Land Size
283m2
Local Government
Grant

Last Listing description (February 2020)

Ray White Mount Gambier are please to present for sale 1/8 E Lake Terrace West, Mount Gambier.
If lakeside living sounds like the perfect location for you, then look no further than this low maintenance, immaculate modern townhouse. Situated opposite an attractive council reserve with access to the Lakes Resort and Valley Lake District, the 4-bedroom home is also located nearby to Reidy Park Primary School and offers impressive views over the city.
A low maintenance front yard leads to a secure lower level entrance. Walking in you will find a long tiled hall leading to 3 good sized double-bedrooms with large windows letting in lots of light, one of which has the convenience of built in robes. Between the bedrooms you'll find the family bathroom with separate bath and shower and separate toilet for privacy as well as a good-sized laundry room with plenty of storage and access to the private, lower garden with a covered lower balcony for more useable space.

A gorgeous wooden staircase ascends from the lower level entry to the top floor where those views over Mount Gambier come into their own. Here you'll find the main open-plan living space. A kitchen, diner and lounge room benefit from wooden floorboards and down lighting, which serves to emphasise the sense of space as the view extends through large windows to both sides and over your large, private balcony - perfect for spending evenings enjoying the sunset and entertaining.
The kitchen impresses with stainless steel appliances including dishwasher and gas stove over oven and provides plenty of cupboard space. The Kitchen top sits high with a clear separation from the living space and the stylish modern design gives this townhouse real appeal.
At the far end of the kitchen you'll make your way to a master bedroom with a large ensuite and built in robe and more large windows inviting the view.

In addition the property offers ducted heating throughout, a secure single garage with electric roller door with additional downstairs storage space delivers a lot of convenience in one package.
Practicality, modern living and a superb location make this town house a worthy investment. Book your viewings today and discover luxury living in central Mount Gambier. RLA 291953

Additional Property Information:
Age/ Built: Approx. 2007
Land Size: Approx. 283m2
Council Rates: Approx. $383 per quarter

Property History for 1/8 Lake Tce W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Listed for Rent
$280/w
18 Jul 2013
  • 20 Dec 2019
    Listed for Sale $329,000
  • 13 Sep 2013
    Listed for Sale 260000
  • 26 Jun 2013
    Listed for Rent $280 / week
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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 13,838 properties. Over the last 5 years, Houses in Mount Gambier have seen a 110.94% increase in median value, while Units have seen a 116.19% increase. As at 30 April 2026:

  • The median value for Houses in Mount Gambier is $575,519 while the median value for Units is $425,087.
  • Houses have a median rent of $470 while Units have a median rent of $355.
There are currently 101 properties listed for sale, and 42 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 717 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.