23 Lake Terrace E, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

23 Lake Terrace E
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 1625m2
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Property Details for 23 Lake Tce E, Mount Gambier

23 Lake Tce E, Mount Gambier is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 1625m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last transferred in May 2023.

Building Type
House
Year Built
1955
Floor Size
130m2
Land Size
1625m2
Local Government
Mount Gambier
Lot/Plan
A117/D2352

Last Listing description (December 2021)

Positioned on a 802m2 elevated block overlooking the city and beyond, this solid brick and tile home located near the blue lake and within walking distance to the CBD is an opportunity you do not want to miss!Filled with all the traditional charm, unrestrictive city views and in a location to die for, be a part of this exclusive neighbourhood!Consisting of three bedrooms all with built-in robes plus a detached self contained flat - this property offers a versatile and flexible lifestyle. As you enter the home a welcoming entrance leads you to the large dining and lounge area with r/c air conditioner and stunning large window capturing the natural light, morning sun and stunning city views. Feature chandelier and ornate cornices complete this beautiful space. The functional kitchen is equipped with double sink, electric cooking and plenty of cupboard space and flows to a mud room style room with further cupboards and hide-away laundry area.A passage off the entry takes you to the larger than normal bathroom and separate toilet which is central to the bedroom wing. Terrazzo flooring, walk in shower, long bath and vanity all in original but good condition complete the wet areas.Moving outside to the terraced back yard with lovely gardens, there is access to a single garage under the main roof with automatic roller door, a separate enclosed storage room with shelving plus another utility storage area to store all your garden equipment. Two street access is also available with the main entry off Lake Terrace West and rear entry via stairs from Shelley Crescent. Be prepared to be wowed with the additional self contained flat with additional single garage. The flat measures approximately 7m x 4m with open plan living and bedroom space, potential kitchenette room, ensuite with shower, toilet and vanity and double doors that open up into the single garage giving internal access. Above the flat, stairs to the entry of the main home allows access to the rooftop entertaining/balcony area measuring approx. 8m x 10m with concrete flooring. Allow yourself to be caught up in the moment capturing those stunning city views. This space can become a blank canvas to use how you desire - Imagine the possibilities. A rare opportunity with plenty of potential! Contact Your Mate in Real Estate on 0419 806 410 to arrange your inspection and discover this property is the 'King of the Mountain'Highest Best Offers by 11am Friday 22nd October, 2021 (Unless Sold Prior)Separate self contained flat

Property History for 23 Lake Tce E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Transferred
25 May 2023
  • 25 May 2023
    Transferred
  • 28 Sep 2021
    Listed for Sale $410,000.00 - $420,000.00
  • 05 Jan 2009
    Sold for $413,000
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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 13,828 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.64% increase in median value, while Units have seen a 117.24% increase. As at 31 March 2026:

  • The median value for Houses in Mount Gambier is $572,041 while the median value for Units is $435,308.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 90 properties listed for sale, and 51 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 713 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.