28/2A Coolabah Street, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

28/2A Coolabah Street
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 379m2
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Property Details for 28/2a Coolabah St, Mount Gambier

28/2a Coolabah St, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 379m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2012
Floor Size
98m2
Land Size
379m2
Local Government
Mount Gambier
Lot/Plan
F28/C25611

Last Listing description (August 2022)

Quietly positioned in a private and modern development, 28/2a Coolabah Street in Mount Gambier offers a great opportunity for an investor looking to add to their portfolio with proven rental return, or for those considering a downsize in the future.

Built in approximately 2013, the 2-bedroom homette is situated nearby schools, services and a short drive to the CBD as part of a group of 30 units, with a variety of tenanted and owner occupier dwellings in the complex - this one is currently tenanted until April 2023 at $270 per week.


Entering the unit you're greeted by a light, bright and carpeted lounge with reverse cycle air conditioning, adjoined by a tiled dining space. Moving through to a north facing, neutrally coloured and light filled modern kitchen, you'll find electric cooking, dishwasher and a surprising amount of storage.

The two bedrooms are both carpeted and include built in wardrobes, and are separated by a tidy bathroom with shower, bathtub and convenience of a separate toilet. Wet areas are completed at the rear with an ample laundry offering plenty of bench space, which connects the unit to the remote access garage UMR offering safe, secure and convenient parking.

Outside the unit you'll find a private, low maintenance yard overlooked by a sheltered patio space. Services into the property include instant gas hot water, water softener and utility water tank.

Modern, tidy and proven rental return with a long term secure tenant - a fantastic addition to any portfolio. Contact Alistair to arrange your viewing or for more information today. RLA 291953


Additional Property Information:
Approx Property Age: 2013
Land Size: 379sqm
Council Rates: approx. $325 per quarter
Water Rates: approx. $170 per quarter
Strata Fees: approx. $300 per quarter

Property History for 28/2a Coolabah St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$280,000
06 Oct 2022
Listed for Rent
$240/w
12 Apr 2014
  • 06 Oct 2022
    Sold for $280,000
  • 14 Jul 2022
    Listed for Sale $260,000 - $270,000
  • 01 Mar 2014
    Listed for Rent - Price not available
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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 13,835 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, 712 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.