4 Banksia Street, Mount Gambier, SA 5290 sold on 27 March 2026 | OnTheHouse
SOLD
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Sold on 27 Mar 2026 for $533,000

4 Banksia Street
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 926m2
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Property Details for 4 Banksia St, Mount Gambier

4 Banksia St, Mount Gambier is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 926m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
110m2
Land Size
926m2

Last Listing description (March 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 18th March 2026**

Positioned in a convenient in-town location, 4 Banksia Street presents a fantastic opportunity for buyers seeking a comfortable home with outstanding storage and workspace options rarely found on residential properties within the town limits. Combining practicality, space, and future potential, this three-bedroom home offers a well-balanced lifestyle both inside and out.

Stepping through the front of the home, you are welcomed into a warm and inviting living area. Vinyl plank flooring provides both durability and modern appeal, while the space is well-equipped for year-round comfort with a ceiling fan, wood fire, and air conditioner. This central living zone creates the perfect place to relax with family or entertain guests.

Moving through to the kitchen, the home continues to impress with its generous storage and functional layout. Recently updated with a new electric oven and cooktop, the kitchen provides a practical space for everyday cooking while still offering plenty of potential for future enhancements.

The home offers three well-sized bedrooms. Bedroom one is generously proportioned and features built-in robes, blinds, and vinyl plank flooring, creating a comfortable and low-maintenance retreat. Bedroom two also includes built-in robes and blinds, complemented by carpet underfoot. Bedroom three provides flexibility as a blank canvas, ideal as a guest room, home office, or hobby space, and is fitted with carpet and blinds.

The bathroom, while original, has been well maintained and offers excellent potential for those looking to update over time. It features a walk-in shower, full-size bath, and vanity area, while a separate toilet adds additional practicality for families.

Stepping outside, the property truly shines with its exceptional shedding. The shedding consists of a substantial double stone shed with an attached Colourbond extension fitted with an aerial. At the rear of the stone shed are two additional smaller rooms, each with separate side access, providing ideal spaces for workshops, storage, hobbies, or potential studio areas.

Adjacent to the shedding is a large concrete area featuring a water feature, offering further potential for outdoor entertaining or future landscaping projects.

The backyard continues to offer functionality and charm, with established garden beds and multiple fruit trees providing a productive outdoor space. An original chicken coop adds character and the possibility to own chickens in the future.

Additional practical features include a rainwater tank plumbed directly to the kitchen, electric hot water, and a water softener system.

Offering comfortable living, incredible storage, and exciting potential, 4 Banksia Street is a property that will appeal to a wide range of buyers from first home owners and families to tradespeople or those simply seeking extra space within town.

Additional Information:
Land Size: Approx 926m2
Building Size: Approx 110 m2
Council Rates: Approx Approx $426 per quarter
Emergency Services Levy: Approx $84.50 per annum
Water / Sewerage Rates: Approx $176 per quarter
Age of Building: Approx 1965
Rental Appraisal: $430 - $450 per week

Property History for 4 Banksia St, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$533,000
27 Mar 2026
Listed for Rent
$270/w
29 May 2020
  • 09 Apr 2026
    Sold for $533,000
  • 12 Mar 2026
    Listed for Sale $489,000 - $519,000
  • 10 Nov 2020
    Sold for $228,000
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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 13,831 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 95 properties listed for sale, and 47 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 708 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.