5/55 Jubilee Highway E, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

5/55 Jubilee Highway E
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 79m2
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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.

Building Type
Unit
Year Built
1965
Floor Size
70m2
Land Size
79m2
Local Government
Mount Gambier

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

A timeline of how this property has performed in the market
  • 14 May 2024
    Listed for Sale $175,000 - $185,000
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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 13,829 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 88 properties listed for sale, and 51 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 705 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.