3/206 Commercial Street E, Mount Gambier, SA 5290 sold on 09 October 2025 | OnTheHouse
SOLD
Sold on 09 Oct 2025 for $405,000

3/206 Commercial Street E
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 276m2
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Property Details for 3/206 Commercial St E, Mount Gambier

3/206 Commercial St E, Mount Gambier is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 276m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom Unit sold in Mount Gambier in the last 12 months.

Building Type
Unit
Year Built
2009
Land Size
276m2
Local Government
Mount Gambier
Lot/Plan
F3/C25208

Last Listing description (October 2025)

The snapshot:

This well located three bedroom unit in Mount Gambier's CBD is perfect for first home buyers, investors, or owner-occupiers. Tucked away off the main street for peace and privacy, it's a low-maintenance gem with secure tenants, offering a great investment or an ideal home close to all amenities.

The location:

Mount Gambier is a thriving regional city known for its stunning natural landmarks, vibrant community, and relaxed lifestyle. From the iconic Blue Lake to local schools, shops, and cafs, everything you need is close at hand. Whether you're exploring the crater lakes or enjoying the city's growing food scene, Mount Gambier offers the perfect blend of convenience and country charm.
Mount Gambier CBD - 2 min (1km)
Blue Lake - 6 min (2.7km)
Mount Gambier Hospital - 7 min (4.5km)

The home:

Discover an unparalleled investment opportunity at 3/206 Commercial Street East, Mount Gambier.

This well-sized unit is perfectly positioned on the main street within the bustling CBD, yet is tucked away in a quiet, secluded corner, offering the ultimate in convenience and a peaceful retreat.

With its prime address and attractive features, this property is an exceptional choice for first home buyers, savvy investors, or owner-occupiers seeking a lifestyle of ease.

This executive three-bedroom townhouse offers a blend of modern living and low maintenance appeal.

Each of the three generously sized bedrooms is equipped with built-in robes, providing ample storage and a tidy aesthetic.

The main bedroom offers a unique feature with direct access to the two way bathroom, ensuring a sense of privacy and ease.

The heart of the home is the open plan lounge room, which is equipped with a split system air conditioner, guaranteeing year-round comfort.

The modern kitchen is a chef's delight, boasting a gas cooktop, a convenient dishwasher, and a spacious pantry, all designed to make daily life a breeze.

Step outside from the dining area onto the decked patio, a perfect space for relaxing or entertaining guests in a private outdoor setting.

The single garage with a remote controlled door provides secure parking and direct internal access to the unit, adding an extra layer of security and convenience.

This property is not only well-appointed but also low maintenance, making it an ideal "set and forget" investment or a perfect lock-up-and-leave home.

The fantastic location further enhances its appeal, being just a short stroll to Woolworths, a hotel, and other essential shopping amenities.

This represents a rare chance to acquire a secure, high performing asset in a blue chip location. Don't miss this opportunity to secure a valuable property for your future.

Additional Property Information:

Age/ Built: 2009
Land Size: Approx 280m2
Council Rates: Approx $430 per quarter
Strata Information: $277 per annum
Rental Appraisal: This property is currently tenanted until 06/03/2026 for $1,629.46 per month. An updated rental appraisal has been conducted of approximately $390 - $420 per week.
RLA 291953

Property History for 3/206 Commercial St E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$405,000
09 Oct 2025
Listed for Rent
$365/w
05 Mar 2024
  • 09 Oct 2025
    Sold for $405,000
  • 04 Aug 2025
    Listed for Sale $399,000 - $429,000
  • 13 Feb 2024
    Listed for Rent $365 / week
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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 13,809 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 59 properties listed for sale, and 54 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 743 properties were sold in the past 12 months in Mount gambier.

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Ray White Mt Gambier
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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.