2/223 Commercial Street, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

2/223 Commercial Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 31 Aug 2026
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Property Details for 2/223 Commercial St, Mount Gambier

2/223 Commercial St, Mount Gambier is a 2 bedroom, 1 bathroom Unit and was built in 1980.

Building Type
Unit
Year Built
1980
Local Government
Mount Gambier

Last Listing description (December 2021)

Ray White Mt Gambier is pleased to present 2/223 Commercial Street West, Mount Gambier, for sale. The entrance to this unit complex is landscaped with flowerbeds lining the side of the driveway and an attractive front lawn to the left. The property for sale is a solid brick two-bedroom unit that sits off the main road and is accessed by a tiled front portico. The unit benefits from a secure garage and cement driveway to the right of the entrance.
A small entry hall leads directly into a carpeted large lounge room and offers a lovely front window that lets natural light fill the whole room. The space is comforted with reverse cycle air conditioning that flows through to the dining room and kitchen. The dining room has dual sliding doors that access the lounge room and kitchen for a functional space that can be kept open, closed for dinner parties, or used as an office space or play area if required.
The updated kitchen is neutrally decorated and offers classic white cabinets with a grey tiled surround. It has a double sink for convenience that overlooks the rear of the property. A gas cooktop sits above a stainless-steel electric oven with a range overhead and a large pantry to the left.

A good-sized laundry room sits adjacent with a built-in trough and access directly outside. An undercover paved area provides space to relax. A huge linen press sits at the top of the hallway opposite the bathroom, ensuring an abundance of storage space in the home.
The bathroom has a modern design with a good-sized vanity, mirror, and white cabinets providing plenty of storage. Large grey tiles surround, encasing a bath and a separate shower. The toilet sits next door for privacy and convenience. It is adjacent to the second bedroom that also overlooks the rear. The front-facing first bedroom has huge floor-to-ceiling, full-width built-in robes and a large window that lets in lots of light.
The kitchen and dining area are fully updated with floating floorboards for a modern look and feel and are easy to clean.
This is a well maintained and presented investment opportunity. It is ideal for the first home buyer with a promising return on investment given its location within walking distance to the main shopping district, the popular Railway Lands walking track, and Vansittart Park.
To find out more about this investment or book a viewing of the property, contact Tahlia at Ray White Mount Gambier today. RLA 291953

Additional Property Information:
Age/ Built: Approx. 1976
Land Size: Approx. 160m2
Council Rates: Approx. $285 Per Quarter
Strata Fees: Approx. $318 Per Quarter

Property History for 2/223 Commercial St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
  • 09 Dec 2021
    Listed for Sale $209,000 - $229,000
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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 13,872 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:

  • The median value for Houses in Mount Gambier is $578,108 while the median value for Units is $411,961.
  • Houses have a median rent of $475 while Units have a median rent of $360.
There are currently 102 properties listed for sale, and 56 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 695 properties were sold in the past 12 months in Mount gambier.

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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.