226 Commercial Street E, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
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226 Commercial Street E
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 109m2
Land area: 420m2
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Property Details for 226 Commercial St E, Mount Gambier

226 Commercial St E, Mount Gambier is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1890. The property has a land size of 420m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
House
Year Built
1890
Floor Size
109m2
Land Size
420m2
Local Government
Mount Gambier
Lot/Plan
A7/F107697

Last Listing description (July 2024)

Nestled in Mount Gambier's vibrant community, this captivating 3-bedroom cottage offers a lifestyle brimming with comfort, potential, and delightful surprises. This character laden gem sits on a sprawling 1258sqm allotment, presenting exciting subdivision possibilities (subject to planning approval) for the savvy investor.

Step inside the captivating leadlight entrance and discover a world of warmth and charm. Gleaming timber floors guide you through a semi-open plan living area, bathed in natural light and warmed by the inviting glow of a slow combustion wood heater. Imagine cozy evenings curled up with a book by the crackling fire, while the aroma of home-cooked meals fills the air from the functional kitchen. Featuring electric cooking, a dishwasher, and tiled benches, the kitchen seamlessly flows into the dining space with elegant parquetry flooring, creating a perfect hub for family gatherings.

The practical bathroom boasts a shower over the bath and vanity, while the separate toilet and laundry ensure everyday living runs smoothly. Two of the three bedrooms feature generous mirrored built-in robes, offering ample storage solutions.

Venture outside and discover a tranquil oasis. An undercover pergola, adorned with lush greenery, invites you to relax and unwind. Whether it's alfresco dining under the stars or lazy afternoons basking in the sunshine, this space promises moments of serenity amidst nature.

But the magic truly unfolds with the expansive approx. 1258sqm allotment. With the cottage already fenced off from the rear land, subject to planning approval, this property presents the exciting potential to subdivide a separate vacant allotment, ideal for further development. Alternatively, enjoy the generous space for additional shedding, ample parking, or simply bask in the expansive backyard. A wood and garden shed and a single carport with remote roller door provide convenient storage and under-cover parking solutions. Whilst at the rear an additional double car iron garage provides additional lock up vehicle parking.

The captivating facade completes the picture. Banana trees grace the front, evoking a sense of serenity and tropical escape. The fence is adorned with beautiful greenery, creating a formal entrance, while garden beds bursting with dahlias and cottage plants add vibrant pops of colour.

This captivating cottage is a haven for retirees, a golden opportunity for investors, and with the right zoning, even holds potential for business premises (STPA). Offering the butcher shop across the street, the post office and Rosaville Deli just a stones throw away, this property is the unique blend of charm, functionality, and endless possibilities.

Extra Information:
Council Rates / $1,351.08 p/a
SA Water Supply Charge / $74.20 p/qtr
SA Water Sewer Supply Charge / $79.50 p/qtr
Emergency Services Levy / $80.20 p/a
Independent Rental Appraisal / TBA
Build Year / 1890
Land Size / 1258m2
Council / City of Mount Gambier
Zoning / Business 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 226 Commercial St E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$258,500
15 Dec 2017
Listed for Rent
$287/w
07 Oct 2020
  • 22 Feb 2024
    Listed for Sale $495,000 - $535,000
  • 21 Feb 2019
    Listed for Rent $15,000 / year
  • 15 Dec 2017
    Sold for $258,500
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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 13,811 properties. Over the last 5 years, Houses in Mount Gambier have seen a 109.30% increase in median value, while Units have seen a 105.78% increase. As at 31 December 2025:

  • The median value for Houses in Mount Gambier is $544,108 while the median value for Units is $399,563.
  • Houses have a median rent of $453 while Units have a median rent of $340.
There are currently 64 properties listed for sale, and 47 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 750 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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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.