3003/7 Lake Terrace W, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
 
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3003/7 Lake Terrace W
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 150m2
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Property Details for 3003/7 Lake Tce W, Mount Gambier

3003/7 Lake Tce W, Mount Gambier is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 150m2 and floor size of 150m2.

Building Type
Unit
Year Built
1950
Floor Size
150m2
Land Size
150m2
Local Government
Grant

Last Listing description (August 2021)

This two story penthouse on the top floor with fantastic views over Mount Gambier. It's neutral tones throughout set over two levels, in a secure and tranquil setting at the base of the Lakes area and sprawled out over levels three and four with a balcony from each level presents a fantastic lifestyle! The upper level offers a living area, two bedrooms each with a walk in robe and master with ensuite. Adjacent to bedroom two is the main bathroom with bath and separate shower. The lower level comprises the kitchen with ample cupboards and bench space, walk in pantry, quality s/s appliances and induction cooking. The large dining area with r/c air Con offers plenty of space and overlooks the open plan living area. This apartment also has an allocated double lock up garage with auto doors of good size and basement storage. Security is high with camera entry and locking system for peace of mind, while enjoying the low maintenance living with gardens and lawns all maintained for you with outside BBQ area. The apartment has been tenanted at $320 per week for those seeking an investment in this luxury penthouse. Phone today to arrange your private inspection today Call Graeme Cleves 'YOUR MATE IN REAL ESTATE' 0419 806 410

Property History for 3003/7 Lake Tce W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Listed for Rent
$320/w
16 Dec 2019
  • 07 May 2021
    Listed for Sale $239,000 - $249,000
  • 03 Jan 2020
    Listed for Sale $245,000
  • 29 Oct 2019
    Listed for Rent $319 / 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 13,813 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.26% increase in median value, while Units have seen a 109.26% increase. As at 31 January 2026:

  • The median value for Houses in Mount Gambier is $546,540 while the median value for Units is $419,712.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 59 properties listed for sale, and 55 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 746 properties were sold in the past 12 months in Mount gambier.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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