1 Downer Street, Mount Gambier, SA 5290 sold on 05 June 2026 | OnTheHouse
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Sold on 05 Jun 2026 for $360,000

1 Downer Street
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 754m2
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Property Details for 1 Downer St, Mount Gambier

1 Downer St, Mount Gambier is a 3 bedroom, 1 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 754m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom DuplexSemi-detached sold in Mount Gambier in the last 12 months.

Building Type
DuplexSemi-detached
Land Size
754m2

Last Listing description (June 2026)

Highest and Best Offers by Monday 27th April 2026 by 12noon
Price Guide: $320,000 - $340,000

Positioned in a convenient, well-connected location, this Mount Gambier stone duplex presents a standout opportunity for investors seeking immediate returns and long-term stability.


Currently tenanted until December 2026, with the potential to renew, it offers reliable income from day one.
Inside, the property provides comfortable and practical living, featuring reverse cycle split system air conditioner for year-round comfort, accommodating families with 3 bedrooms and low-maintenance living- an ideal combination for tenant retention.

Key Features:
• Low maintenance yard
• Functional kitchen with gas stove
• Double iron garage with power
• Small garden shed
• Rear alcove for extra storage
• Close to schools, shops and community facilities
• Currently tenanted at $300 per week until December 2026

This property is a versatile opportunity offering future flexibility, convenient living and a great addition to any portfolio.

Additional Information:
Council Rates: approx.. $1,324.26 per annum
SA Water Supply Charge: approx.. $82.30 per quarter
SA Water Sewerage: approx.. $94.00 per quarter
Year Built: approx.. 1950
Land Size: approx.. 754m2
Rental Appraisal: $320 per week (due January 2027)

Speak with the Property Management team at Complete Real Estate about managing this property.

Property History for 1 Downer St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$360,000
05 Jun 2026
Listed for Rent
$180/w
30 Nov 2015
  • 05 Jun 2026
    Sold for $360,000
  • 13 Apr 2026
    Listed for Sale Under Offer
  • 05 Nov 2015
    Listed for Rent $180 / 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 13,847 properties. Over the last 5 years, Houses in Mount Gambier have seen a 111.31% increase in median value, while Units have seen a 111.85% increase. As at 31 May 2026:

  • The median value for Houses in Mount Gambier is $579,262 while the median value for Units is $420,116.
  • Houses have a median rent of $470 while Units have a median rent of $360.
There are currently 96 properties listed for sale, and 45 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 719 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Nathan Hayward
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Marika Hart
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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.