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

3 Lake Terrace E
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 1246m2
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Last updated 11 May 2026
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Property Details for 3 Lake Tce E, Mount Gambier

3 Lake Tce E, Mount Gambier is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 1246m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1940
Floor Size
110m2
Land Size
1246m2
Local Government
Mount Gambier
Lot/Plan
A831/F193823

Last Listing description (February 2024)

TO INSPECT
Send an enquiry using the 'Send Enquiry' button and we will immediately respond with all of the available viewing times.
To avoid disappointment, we encourage you to register your interest so we can keep you informed during all stages of the leasing process.

TO APPLY
Send an enquiry using the 'Send Enquiry' button and in the message immediately sent through go to the 'Where can I apply' section and submit your application

This newly renovated home is located in close proximity to the CBD, popular schools, Mount Gambier Railway Lands and The lakes area.

The home features wood look floating floor boards throughout the majority of the property. The well-lit open living room looks out to the large rear yard and features a woodfire and split system for comfort, keeping the house warm and cool all year round.

The recently updated kitchen has ample storage and bench space and is fitted with all new appliances featuring an electric cooktop / oven and dishwasher.

The three bedrooms have been newly carpeted and are of good size. The main bedroom is fitted with a built-in wardrobe and features a bay window to the south.

The property features two renovated bathrooms with a shower, decent sized vanities and standalone toilers in each.

The rear yard is secure with large gates and boasts a decked alfresco area. Plenty of shed and garage space accessible from the front via the driveway. The front yard is terraced and low maintenance.

Additional Information:
Available: Property is available 24/01/2024
Lease Term: 6 or 12 month lease preferred
Pets: Pets are negotiable
RLA - 291952

Property History for 3 Lake Tce E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$355,000
24 Jun 2022
Listed for Rent
$340/w
04 Mar 2024
  • 08 Jan 2024
    Listed for Rent $420 / week
  • 19 Oct 2023
    Listed for Rent $400 / week
  • 20 Jun 2023
    Listed for Rent $400 / 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 13,830 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 88 properties listed for sale, and 51 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.