3/2 Lake Terrace W, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

3/2 Lake Terrace W
Mount Gambier SA 5290

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 131m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 May 2026
Low

High
Save

Property Details for 3/2 Lake Tce W, Mount Gambier

3/2 Lake Tce W, Mount Gambier is a 4 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 131m2.

Building Type
Unit
Floor Size
131m2
Local Government
Grant

Last Listing description (November 2014)

Apartment in Lakes location
Apartment living at the top of Mount Gambier will satisfy a busy lifestyle, investor or the traveller. The renown Lakes living offers direct access to popular walking, running and mountain bike tracks all with the iconic Blue Lake right on your back door. Only minutes to primary and high schools, sporting facilities and the CBD of Commercial St offering retail, restaurants, doctors, chemist, supermarkets, etc
Located at ground level access to the apartment is only granted through security key scanning at the building entrance. Situated privately along the back of the building this spacious apartment offers 4 bedroom and 2 bathrooms.

A tiled entrance through to dining and kitchen area an open floor plan welcomes a modern kitchen; featuring ample bench and cupboard space, dishwasher and electric cooking. Carpeted lounge with reverse cycle air con and electric heating has sliding door to a spacious enclosed sun room offering access to outdoor private court yard with power and lighting.
4 generous bedrooms and main bedroom with walk-in robe and ensuite. Central passage separate bedrooms and main bathroom with bath separate to shower and double vanity.
Single car garage with electric roller door the establishment also offers ample car parking for visitors.
A genuine sale the owners are open to offers. This property has been previously tenanted with proven investment history.
*Expressions of Interest - Offers close Tuesday 11th
November by 5pm (unless sold prior)

Property History for 3/2 Lake Tce W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
  • 07 Oct 2014
    Listed for Sale EXPRESSIONS OF INTEREST
Commute Calculator

About Mount Gambier 5290

The size of Mount Gambier is approximately 26.8 square kilometres. There are 114 parks, covering nearly 24.0% of the 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 13,839 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 95 properties listed for sale, and 48 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 708 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

Market Insights
Mount Gambier Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Gambier Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.