16 Wallace Street, Mount Gambier, SA 5290 sold on 26 June 2025 | OnTheHouse
SOLD
Sold on 26 Jun 2025 for $580,000

16 Wallace Street
Mount Gambier SA 5290

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 146m2
Land area: 709m2
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Property Details for 16 Wallace St, Mount Gambier

16 Wallace St, Mount Gambier is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1984. The property has a land size of 709m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 4 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1984
Floor Size
146m2
Land Size
709m2
Local Government
Mount Gambier
Lot/Plan
A2/F12008

Last Listing description (June 2025)

Nestled in the sought-after Blue Lake precinct of Mount Gambier, this exceptional family residence sits proudly on a generous 720m (approx.) corner allotment, offering not just a homebut a lifestyle.Positioned the corner of Wallace and Howland Streets, this solid construction brick and Colorbond home combines classic charm with everyday functionality. Boasting four bedrooms, the master suite is a private retreat, complete with an original ensuite and walk-in robe, while the remaining three bedrooms all feature built-in robes, making it perfect for the growing family.Designed with family living in mind, the property showcases two living areas. At its heart is the open-plan kitchen, dining, and loungea light-filled space with feature timber ceiling and reverse cycle air conditioning ensuring year-round comfort. The updated modern kitchen is well-equipped with dishwasher, pantry and ample cabinetry.For those cooler Mount Gambier nights, retreat to the separate family room, where a cosy wood fire and a built-in wood box create a warm and inviting atmosphere.The home also features an original bathroom with both shower and bath, along with a functional laundryready for your personal touch or renovation flair.Step outside and you'll find a charming grapevine-covered pergola, setting the stage for memorable outdoor gatherings, family BBQs, or simply enjoying a glass of wine in the fresh air.Practicality hasn't been forgotten. Side access with double gates from Howland Street is ideal for securely parking a caravan, trailer, or boat, and a garden shed takes care of all your outdoor storage needs. The double garage, under the main roof, offers internal access and remote-control roller door adding to everyday convenience.In a location that's as iconic as it is desirable, just moments from the scenic Blue Lake and valley lakes walking trails, Wulanda Recreation Centre and the city centre, this property truly has it all. Whether you're upsizing, investing, or simply chasing a change of pace, this home won't stay on the market for long.Don't miss your opportunity to secure a slice of Mount Gambier is the most desirable location.Extra Information:Emergency Services Levy / $75.40 p/aSA Water Supply Charge / $78.60 p/qtrSA Water Sewerage Charge / $93.96 p/qtrRental Appraisal / $500-$520 p/wLand Size / Approx. 720m2Build Year / 1981Council / City of Mount GambierZoning / Suburban NeighbourhoodDisclaimer: 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 propertys 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 16 Wallace St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$580,000
26 Jun 2025
Listed for Rent
02 Jul 2025
  • 26 Jun 2025
    Sold for $580,000
  • 26 May 2025
    Listed for Sale $529,000-$569,000
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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 13,846 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 47 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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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.