20 Wallace StreetMount Gambier SA 5290
Property Details for 20 Wallace St, Mount Gambier
20 Wallace St, Mount Gambier is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 722m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom House sold in Mount Gambier in the last 12 months.
Last Listing description (January 2025)
EXPRESSIONS OF INTEREST CLOSING FRIDAY THE 3RD OF JANUARY 2025 AT 12 NOON (Unless Sold Prior)
Positioned in a coveted dress circle location, steps away from the tranquil lakes area, this charming stone-built home delivers the perfect blend of city convenience and idyllic living. Whether you're dreaming of a vibrant city lifestyle or seeking the ultimate Airbnb investment (STCC), this property has it all.
Imagine waking up in one of two spacious bedrooms with built-in robes then enjoying your morning coffee in the front-facing lounge adorned with stunning ceiling decor. The lounge provides the perfect cozy space to start your day before work or a peaceful place to relax after a day of exploring the city for your Airbnb guests, with a gas heater & reverse cycle split system in the hallway to ensure comfort year-round.
The beautifully renovated, eat-in kitchen featuring gorgeous floorboards, is equipped with a gas stove, electric oven, double sink, and dishwasher. Whip up a feast for friends, family, or guests while soaking in the character and warmth of this little gem.
The renovated bathroom, with its shower, bath, vanity, and toilet, offers both style and functionality for many years to come. The updated laundry adds even more ease to everyday living. Sustainability shines through with two rainwater tanks (11,000-litre capacity) plumbed into the home, enhancing eco-friendly living.
With the home set well on it's allotment, there's ample parking with a double carport and single garage with an attached workshop plus direct rear yard access, making it practical and convenient extra vehicle storage.
All of this is just moments from Reidy Park School, Wulanda Recreation Centre and the Lakes walking trails! No matter what you are seeking, you're in the heart of it all.
This home isn't just a residence; it's a lifestyle. Perfect for anyone looking to immerse themselves in the city dream, rent out or create a highly sought-after Airbnb destination (STCC), this property is your key to living or investing in one of the city's most desirable areas.
Extra Information:
Council Rates / $1,718.94 p/a
SA Water Supply Charge / $78.60 p/qtr
SA Water Sewer Supply Charge / $86.95 p/qtr
Independent Rental Appraisal / $420.00 - $450.00 per week
Land Size / 723m2
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 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 20 Wallace St, Mount Gambier, SA 5290
- 30 Jan 2025Sold for $463,000
- 06 Dec 2024Listed for Sale E.O.I by 12pm 03/01/25 (Unless Sold Prior)
- 22 Sep 2010Sold for $220,000
Recent sales nearby
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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.
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