329 Commercial Street W, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

329 Commercial Street W
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 110m2
Land area: 1012m2
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Property Details for 329 Commercial St W, Mount Gambier

Building Type
Commercial
Year Built
1963
Floor Size
110m2
Land Size
1012m2
Local Government
Mount Gambier
Lot/Plan
A13/D2481

Last Listing description (July 2026)

Hard to find mixed use property in a highly visible location on Commercial Street West, Mount Gambier, perfect for the home based business.

Zoned Employment allowing multiple businesses an opportunity to be established on a high profile site (S.T.P.C.)

This property consists of a 3 bedroom home, plus a huge (approx.) 18m x 8m x 4m opening shed, on a 1012m allotment.

The property is fenced into two areas offering separate house and shed yards. The high clearance 4 bay shed, offers excellent lighting, office, loft, toilet, wash basin and 3 phase power with a separate meter. This area is ready for a mechanical workshop, with the 2 post hoists & some equipment, offered with the sale of the property. Mechanical workshop only rent approx $400pw.

Call Al Lamond today, to discuss this amazing opportunity.

Extra Information:
Council Rates - House / $364.00 p/quarter
Council Rates - Shed / $414.00 p/quarter
SA Water Supply Charge / $265.72 p/quarter
Independent Rental Appraisal - House / $380.00 - $400.00 p/week
Build Year / 1963
Land Size / 1012 m2
Council / City of Mount Gambier
Zoning / Suburban Neighbourhood

Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a propertys land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Property History for 329 Commercial St W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$585,000
23 Sep 2024
Listed for Rent
$290/w
22 May 2019
  • 09 Oct 2024
    Listed for Rent $35,092 / year
  • 23 Sep 2024
    Sold for $585,000
  • 17 Jul 2024
    Listed for Sale $579,000 - $599,000
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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 13,870 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.93% increase in median value, while Units have seen a 105.41% increase. As at 31 July 2026:

  • The median value for Houses in Mount Gambier is $578,108 while the median value for Units is $411,961.
  • Houses have a median rent of $475 while Units have a median rent of $360.
There are currently 101 properties listed for sale, and 52 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 704 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.