McGees Property Adelaide is pleased to announce the successful offmarket sale of 195 Jubilee Highway West, Mount Gambier on behalf of a local private vendor - transacting for $1,800,000. Our experienced Industrial and Investment teams worked collaboratively to deliver a strong result, achieving a building rate of $1,610/sqm and a market yield of 5.72%. The strategically positioned site, benefiting from prominent highway exposure, was highly sought after by the purchaser as part of a longterm strategy to further consolidate their holdings in the immediate locale. This transaction reflects McGees' proven ability to work strategically with established offmarket buyer mandates, delivering consistent outcomes through our experienced, marketled approach. For further details on this transaction, please contact Ross Christodoulou, Marco Onorato or Tom Rowe of McGees Property (RLA 1722).
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:
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