51 Lake Terrace EMount Gambier SA 5290
Property Details for 51 Lake Tce E, Mount Gambier
51 Lake Tce E, Mount Gambier is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 828m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (May 2023)
Please enquire for a private inspection via video call or a hosted one to one viewing
IDEAL INVESTMENT OR FIRST HOME OPPRTUNITY - Positioned along sought after 'Lake Terrace', and walking distance to Mount Gambier's famous Blue Lake is this three bedroom stone home on 836m2 (approx.) allotment. Enjoy space for the entire family with two separate living areas, elevated timber deck and detached cottage style studio with power, perfect as work-from-home office or teenage retreat. Secure, off-street parking provided by double length carport and single stone garage.
Enter home to living with new carpet, day/night blinds, ceiling fan and gas wood-look heating
Three good sized bedrooms, two with built-in book shelves
Second living has new carpet, electric heating and large window spanning width of room over-looking rear garden
Bathroom has shower over bath and vanity
Tiled laundry with wash trough, storage and separate toilet
Enjoy year round entertaining from elevated timber deck with pergola
Additional living/ teenage retreat/ office/ work from home opportunity with lined cottage style studio with power and storage mezzanine
Fantastic off-street parking provided by double length carport, single stone garage and additional parking in driveway
Secure yard has double gates through to rear perfect for trailer access
Home is complete with new windows installed to living, kitchen and front bedrooms
Built approx. 1950
Appraised for lease at approx. $340 per/ week
Council Rates: approx. $1,256 per annum
SA Water Supply: approx. $70.80 per quarter
SA Water Sewerage: approx. $75.85 per quarter
Speak with the Property Management team at Complete Real Estate about managing this property
Property History for 51 Lake Tce E, Mount Gambier, SA 5290
- 26 May 2023Sold for $339,000
- 21 Mar 2023Listed for Sale $339,000 - $349,000
- 27 Feb 2006Sold for $155,100
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0About 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 13,832 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.64% increase in median value, while Units have seen a 117.24% increase. As at 31 March 2026:
- The median value for Houses in Mount Gambier is $572,041 while the median value for Units is $435,308.
- Houses have a median rent of $460 while Units have a median rent of $350.
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