110 Lake Terrace E, Mount Gambier, SA 5290 sold on 13 May 2025 | OnTheHouse
SOLD
Sold on 13 May 2025 for $451,000

110 Lake Terrace E
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 735m2
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Property Details for 110 Lake Tce E, Mount Gambier

110 Lake Tce E, Mount Gambier is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1974. The property has a land size of 735m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1974
Land Size
735m2

Last Listing description (May 2025)

EXPRESSIONS OF INTEREST CLOSING MONDAY 28TH APRIL 2025 AT 12 NOON (if not sold prior)

This solid brick and tile home presents an exceptional opportunity for first-time buyers or savvy investors looking to expand their portfolio.

With three spacious, carpeted bedrooms, each featuring ceiling fans for added comfort, this home offers a peaceful retreat for family living. The generously sized lounge room is a true highlight, providing the perfect space to relax with a cozy gas heater and a split-system air conditioner, ensuring year-round comfort no matter the season.

The home's layout flows seamlessly into the open-plan kitchen and dining area, designed with functionality in mind. The kitchen boasts a gas upright stove, an island bench for additional workspace, and ample cupboard, making meal preparation a breeze.

The well-appointed central bathroom features a separate shower recess, a relaxing bath, a basin, and a toilet, offering both practicality and convenience.

The property also includes a large, functional laundry area with a second separate toilet—ideal for busy households.

A single iron garage with power, lights, and concrete flooring provides secure parking or additional storage space. For added convenience, a detached casual BBQ area awaits, perfect for those weekend gatherings with friends and family.

Whether you're looking for a charming family home or a reliable investment opportunity in a growing area, this property ticks all the boxes. With its solid construction, practical features, and great location, it's sure to impress.

Don't miss out on this fantastic opportunity to secure a well-rounded home on Lake Terrace East, Mount Gambier.

Extra Information:
Price Guide: $385,000-$423,000
Council Rates / $1,634.76 p/a
SA Water Supply Charge / $78.60 p/qtr
SA Water Sewer Supply Charge / $86.95 p/qtr
Emergency Services Levy / $85.05 p/a
Independent Rental Appraisal / $400-$420 p/w
Build Year / 1974
Land Size / 735 m2
Council / City of Mount Gambier
Zoning / Suburban Neighbourhood

Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Property History for 110 Lake Tce E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$451,000
13 May 2025
  • 26 May 2025
    Sold for $451,000
  • 02 Apr 2025
    Listed for Sale E.O.I by 12pm 28/04/25 (Unless Sold Prior)
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About Mount Gambier 5290

The size of Mount Gambier is approximately 26.8 square kilometres. It has 114 parks covering nearly 24.0% of 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 13,805 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.34% increase in median value, while Units have seen a 114.61% increase. As at 30 November 2025:

  • The median value for Houses in Mount Gambier is $534,884 while the median value for Units is $398,027.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 78 properties listed for sale, and 49 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 747 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Gail Richards
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Rachael Kelly
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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.