47 Lake Terrace E, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

47 Lake Terrace E
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 107m2
Land area: 590m2
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Property Details for 47 Lake Tce E, Mount Gambier

47 Lake Tce E, Mount Gambier is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 590m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1950
Floor Size
107m2
Land Size
590m2
Local Government
Mount Gambier
Lot/Plan
A6/D74088

Last Listing description (September 2023)

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This enchanting three-bedroom residence is perfectly situated on a desirable corner lot in the sought-after lakeside area of central Mount Gambier. Its prime location offers convenient access to shops, cafes, scenic walking trails, and the iconic Blue Lake.

Upon arrival, you'll be greeted by a landscaped front garden, complete with a raised front deck. A well-maintained concrete driveway leads to a stone courtyard that can comfortably accommodate your vehicle and grants access to the rear garden through a secure gated fence. There are also two handy garden sheds situated within the rear garden, providing ample storage solutions. Off-street parking options are available on both Lake Terrace East and Mawson Avenue for your convenience.

As you step inside through the central front entrance, you'll find an inviting open living room and kitchen adorned with timber floorboards and a combustion fireplace, perfect for keeping the space cosy during the cooler months. The lounge area boasts large windows that flood the room with natural light and feature contemporary security blinds.

The kitchen showcases sleek white cabinetry and a white tiled splashback. It includes a single sink with a stylish faucet overlooking the side of the property, as well as a stainless-steel electric oven with a gas cooktop and range.

A small alcove/hallway branching off from the kitchen leads to the bathroom and two bedrooms. The updated bathroom is a visual delight, featuring striking black floor tiles and crisp white wall and shower tiles. A floating vanity with an above-bench basin is situated under a sliding window, with a mounted mirror to the right. A glass-framed rain shower and designer fixtures complete the space. For added privacy, the toilet is conveniently located at the rear of the home.

The primary bedroom offers a view of the front garden, timber floors, a black ceiling fan with lighting, built-in robes, and a generous window fitted with security screens, blinds, and curtains.Two additional bedrooms are styled with a neutral colour palette that perfectly complements the window coverings, timber floors, and pendant lighting.

A combined sitting room and laundry area, with an external door at one end, connects bedroom three to the left and the toilet to the right. The laundry area features a large window with Venetian blinds, a built-in washbasin, and a storage bench.

Stepping outside, a white timber banister-adorned ramp leads down to a grassy garden area with a clothesline and high fencing for added privacy. The lawn area provides access to the garden sheds on either side of the house and the gate for added convenience.

Additional Information:
Pets: Upon Application
Lease Term: 6/12 months
RLA - 291953

Property History for 47 Lake Tce E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$347,000
21 Sep 2023
Listed for Rent
26 Sep 2023
  • 21 Sep 2023
    Sold for $347,000
  • 18 Sep 2023
    Listed for Rent $370 / week
  • 15 Aug 2023
    Listed for Sale $319,000 - $339,000
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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 13,805 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.34% increase in median value, while Units have seen a 114.61% increase. As at 30 November 2025:

  • The median value for Houses in Mount Gambier is $534,884 while the median value for Units is $398,027.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 78 properties listed for sale, and 49 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 747 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.