31 Peake Street, Mount Gambier, SA 5290 sold on 15 April 2026 | OnTheHouse
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Sold on 15 Apr 2026 for $499,000

31 Peake Street
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 150m2
Land area: 635m2
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Property Details for 31 Peake St, Mount Gambier

31 Peake St, Mount Gambier is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1988. The property has a land size of 635m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1988
Floor Size
150m2
Land Size
635m2

Last Listing description (April 2026)

** Due to strong interest & a number of offers being negotiated, we now ask for all Highest, Best & Final Offers to be presented by 4pm (SA Time), Wednesday 25th March 2026**

Positioned in a quiet residential pocket, 31 Peake Street, Mount Gambier offers comfortable living with recent updates and excellent potential for those looking to add their own touches. Recently painted internally, the home presents a fresh and welcoming feel while still offering scope for further improvements.

Stepping through the front door, you are welcomed directly into the main lounge room, featuring new carpet, modern blinds, and downlights, creating a warm and inviting space to relax.

Flowing from the lounge is the dining area, complete with durable vinyl plank flooring and day/night blinds, providing a practical setting for everyday meals. The adjoining kitchen is functional and well laid out, equipped with an electric oven, rangehood, and single sink, offering the essentials for convenient meal preparation.

Towards the rear of the home, a second living or entertaining area provides valuable additional space for the household. This light-filled area features a skylight, along with a wood fire, reverse-cycle unit, and ceiling fan, ensuring comfort throughout the seasons and making it an ideal space for relaxing or entertaining guests.

The laundry offers built-in storage, adding to the home's practicality.

The master bedroom includes original carpet, a walk-in robe (currently without flooring), and a private ensuite fitted with a shower, vanity, and toilet. The room also includes blinds, curtains, and a ceiling fan, though it offers an opportunity for some updating to further enhance the space.

Bedroom two has been refreshed with updated carpet and includes blinds and curtains, providing a comfortable and ready-to-use bedroom.

The main bathroom, while original, remains functional and features a vanity, bath, and walk-in shower, with the convenience of a separate toilet nearby.

Bedroom three includes original carpet, built-in robes without doors, and day/night blinds, and would benefit from some renovation or updating, offering buyers the chance to improve and add value.

Outside, the home features a paved pergola area, perfect for outdoor entertaining. The pergola has an updated roof with flat laserlight, allowing natural light while still providing shelter.

The low-maintenance backyard provides a blank canvas for landscaping or further outdoor improvements. A single garage offers secure parking with drive-through access to the rear yard, and two garden sheds positioned at the back of the property provide additional storage space.

With fresh internal paint, flexible living areas, and scope to update key spaces to suit your style, 31 Peake Street presents an excellent opportunity for first home buyers, investors, or renovators looking to add value in a well-established location.

Additional Information:
Land Size: Approx 431m2
Building Size: Approx 150m2
Council Rates: Approx $430 per quarter
Emergency Services Levy: Approx $92 per annum
Water / Sewerage Rates: Approx $176 per quarter
Age of Building: Approx 1988
Rental Appraisal: $440 - $460 Per Week

Property History for 31 Peake St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$499,000
15 Apr 2026
  • 15 Apr 2026
    Sold for $499,000
  • 18 Mar 2026
    Listed for Sale $469,000 - 499,000
  • 07 Dec 2001
    Sold for $117,000
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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 13,826 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.64% increase in median value, while Units have seen a 117.24% increase. As at 31 March 2026:

  • The median value for Houses in Mount Gambier is $572,041 while the median value for Units is $435,308.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 91 properties listed for sale, and 53 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 715 properties were sold in the past 12 months in Mount gambier.

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Bianca Taylor
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The Property Co. SA
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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.