5/55 Jubilee Highway EMount Gambier SA 5290
Property Details for 5/55 Jubilee Hwy E, Mount Gambier
5/55 Jubilee Hwy E, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 79m2 and floor size of 70m2.
Last Listing description (July 2024)
Conveniently located only a short walk to nearby supermarkets and the main CBD of Mount Gambier, 5-55 Jubilee Hwy East offers a solid investment opportunity for an investor or first-time buyer alike that are looking to get into the property market.
In a group of 12 units, #5 resides at the back right of the complex with its own dedicated carport right at the doorstep. Entering the property, you're met with solid stone construction and neutral tones throughout - at the front, the carpeted lounge includes a freestanding gas fireplace providing ample warmth throughout.
The kitchen features updated flooring, gas cooking and great storage, and is adjoined by the laundry with rear access outside. There are two well sized bedrooms both with carpet, and the bathroom includes walk in shower, toilet and corner vanity.
Outside of the dwelling, this unit is directly adjoined by a communal yard area with gated access off Anthony Street. Services to the property include instant gas hot water unit, mains water and sewer all on town supply.
Currently privately tenanted, this property offers great potential as an investment with current rental estimate of $190 - $210 per week, or availability to owner occupy if desired. Contact Alistair or Malcolm to arrange your viewing today.
RLA - 291953
Additional Property Information:
Age/Built: 1965
Approx Property Age: 1965
Council Rates: $260 per quarter
Rental Appraisal: A rental appraisal has been conducted of approximately $190 - $210 per week
Property History for 5/55 Jubilee Hwy E, Mount Gambier, SA 5290
- 14 May 2024Listed for Sale $175,000 - $185,000
Recent sales nearby
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0About 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 13,838 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.
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