4001/7 Lake Terrace W, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

4001/7 Lake Terrace W
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 141m2
Land area: 175m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 4001/7 Lake Tce W, Mount Gambier

4001/7 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 175m2 and floor size of 141m2.

Building Type
Unit
Year Built
1950
Floor Size
141m2
Land Size
175m2
Local Government
Grant

Last Listing description (May 2022)

Arguably the best residential view in Mount Gambier, this safe and secure apartment in the Lakes location is ready for you to move in and enjoy all that the beautiful limestone coast has on offer.

A 2 minute walk for Friday night dinner and cocktails at a fine dining restaurant, or Sunday strolls around the many Lakes walking trails. Leading you to live your active lifestyle and soak in the country air and rural views of the walking trails all while living close.

This is the lifestyle opportunity you've been eagerly waiting for.


Two double sized bedrooms
Master suite with views of the city, ensuite and walk-in robe
Modern kitchen with stainless steel appliances, including dishwasher
Open plan living and dining area with doors leading out to the balcony, the perfect place to host a dinner party
Reverse cycle split system heating and cooling
Main bathroom boasting spa bath, separate shower and vanity
Study nook
Intercom security system
Secure car garaging for 2 cars with remote control
Basement storage
Grassed area for children to play
Sheltered BBQ area

Property History for 4001/7 Lake Tce W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Listed for Rent
$500/w
06 Jan 2022
  • 27 Jul 2021
    Listed for Rent - Price not available
  • 26 Nov 2020
    Listed for Sale $450,000
  • 28 Sep 2020
    Listed for Rent $600 / week
Sign in to see more transactions
Commute Calculator

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 13,858 properties. Over the last 5 years, Houses in Mount Gambier have seen a 111.00% increase in median value, while Units have seen a 108.24% increase. As at 30 June 2026:

  • The median value for Houses in Mount Gambier is $577,050 while the median value for Units is $416,912.
  • Houses have a median rent of $470 while Units have a median rent of $360.
There are currently 98 properties listed for sale, and 56 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 702 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

Market Insights
Mount Gambier Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Gambier Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.