2/42 Jubilee Highway E, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
FOR SALE

2/42 Jubilee Highway E
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 85m2
This property is currently on the market
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Property Details for 2/42 Jubilee Hwy E, Mount Gambier

2/42 Jubilee Hwy E, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 85m2 and floor size of 63m2.This Property is currently listed for sale with Ray White Mt Gambier

Building Type
Unit
Year Built
1965
Floor Size
63m2
Land Size
85m2
Local Government
Mount Gambier
Lot/Plan
U2/S1589

Last Listing description (May 2026)

Nestled in a prime location, 2/42 Jubilee Highway East presents a fantastic opportunity for those seeking a low-maintenance lifestyle in Mount Gambier. This two-bedroom unit is thoughtfully designed to maximise its functional floor plan, making it an ideal choice for first-home buyers, downsizers, or investors looking for a solid addition to their portfolio.The heart of the home is a U-shaped kitchen that overlooks the open-plan living and meals area. It features crisp white cabinetry, storage including a dedicated microwave nook, and an electric cooktop and oven. The generous stone-look laminate benchtop doubles as a breakfast bar.Timber-look flooring through the kitchen and entry transitions into a carpeted living space, which is bathed in natural light thanks to large windows fitted with practical vertical blinds.Accommodation consists of a spacious master bedroom equipped with built-in robes and a well-sized second bedroom that offers flexibility as a guest room or home office. The central bathroom is conveniently located near the bedrooms, while a separate laundry provides direct external access for added practicality. For those who need a little extra room, a 2m x 2m garden shed is situated on the property.Whether you are enjoying the ease of the open-plan layout or the convenience of being minutes from the Blue Lake precinct and city center, this property offers a comfortable and efficient living experience in a vibrant regional community.Additional Property Information:Age/ Built: 1965Land Size: 85mCouncil Rates: Approx $338 per quarterRental Appraisal: This property is currently tenanted for $220 per week until 05/06/2026. We have conducted an updated rental appraisal for approximately $260 to $280 per week. RLA 291953

Property History for 2/42 Jubilee Hwy E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$75,000
29 Jun 2016
Listed for Rent
$120/w
29 Oct 2013
  • 09 Apr 2026
    Listed for Sale $219,000 - $239,000
  • 29 Jun 2016
    Sold for $75,000
  • 26 Aug 2015
    Listed for Sale $79,000
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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 13,832 properties. Over the last 5 years, Houses in Mount Gambier have seen a 110.94% increase in median value, while Units have seen a 116.19% increase. As at 30 April 2026:

  • The median value for Houses in Mount Gambier is $575,519 while the median value for Units is $425,087.
  • Houses have a median rent of $470 while Units have a median rent of $355.
There are currently 89 properties listed for sale, and 55 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 704 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.