43 North TerraceMount Gambier SA 5290
Property Details for 43 North Tce, Mount Gambier
Last Listing description (January 2026)
The snapshot:
One of four rare, elevated CBD allotments recently established on North Terrace, this property offers sweeping city views, premium positioning and unrivalled flexibility. Individually or combined, these Torrens title allotments invite stylish family residences, luxury townhouses or a number of other development opportunities. Situated on the doorstep of the CBD and just a stones throw away from schools, cafe's, retail and sporting facilities - this opportunity ticks all the right boxes..
The location:
Mount Gambier is a thriving regional city known for its stunning natural landmarks, vibrant community, and relaxed lifestyle. From the iconic Blue Lake to local schools, shops, and cafés, everything you need is close at hand. Whether you're exploring the crater lakes or enjoying the city's growing food scene, Mount Gambier offers the perfect blend of convenience and country charm.
Mount Gambier CBD - 3 min (1.6km)
Blue Lake - 5 min (2.8km)
Mount Gambier Hospital - 6 min (3.3km)
The allotment:
Position, scale and exclusivity unite on North Terrace, where four elevated inner city allotments (all Torrens titled) deliver a rare opportunity for owner-occupiers, investors or developers alike.
Elevated above street level with sweeping city views and services in place, these blocks offer the perfect inner-city lifestyle with their close proximity to schools, sporting grounds, cafés and the vibrant retail heart of town.
Each individual block offers a blank canvas for a statement home or boutique investment.
With the flexibility to secure one allotment, a pair, or the complete collection of four titles, buyers can match ambition with scale.
Offering the potential for properties to be configured as either single or double-storey detached dwellings, stylish metropolitan townhouses or quality low-maintenance duplexes (either as a personal residence or part of a blue-chip investment property portfolio), there is unrivalled flexibility whilst still retaining the peace of mind and freedoms that come with Torrens title.
Allotments of this size and standard in such close proximity to the city-centre are few and far between.
For those keen to move quickly, several local builders have prepared preliminary plans and estimates for quality single storey dwellings which can be customised to your desired specifications and needs.
Demand for premium central properties continues to surge. This land release offers a combination of elevation, views, location, and flexibility. It is a unique foundation for those with vision to realise something special.
Additional Property Information:
Land Size: 481sqm
Council Rates: Approx $450 per quarter
RLA 291953
Property History for 43 North Tce, Mount Gambier, SA 5290
- 30 Dec 2025Sold
- 08 Oct 2025Listed for Sale $185,000 - $205,000
- 19 Apr 2024Sold for $400,000
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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 13,811 properties. Over the last 5 years, Houses in Mount Gambier have seen a 109.30% increase in median value, while Units have seen a 105.78% increase. As at 31 December 2025:
- The median value for Houses in Mount Gambier is $544,108 while the median value for Units is $399,563.
- Houses have a median rent of $453 while Units have a median rent of $340.
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