57 Commercial Street W, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

57 Commercial Street W
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 112m2
Land area: 112m2
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Property Details for 57 Commercial St W, Mount Gambier

Building Type
Commercial
Floor Size
112m2
Land Size
112m2
Local Government
Mount Gambier
Lot/Plan
A319/F194121

Last Listing description (October 2021)

Situated on busy Commercial Street West is this vacant commercial building of approximately 112m2. This property is set among a number of well-established businesses and offers a great investment opportunity or a chance for an established business to jump out of the leasing cycle.

FEATURING:
- North facing property with plenty of natural light into the retail space

- Spacious and tiled retail area with reverse-cycle air-conditioning
- Large separate office space with vinyl flooring
- Amenities include toilet plus kitchenette and lunch room/store room
- Rear access via PA door

ADDITIONAL INFORMATION:
Zoned | City Centre
Building Area | Approx. 112m2

Property History for 57 Commercial St W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$235,000
25 Jun 2021
Listed for Rent
$383/w
05 Oct 2021
  • 25 Jun 2021
    Sold for $235,000
  • 11 Dec 2020
    Listed for Sale Expressions of Interest
  • 11 Dec 2020
    Listed for Rent $19,090 / year
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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 13,812 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.26% increase in median value, while Units have seen a 109.26% increase. As at 31 January 2026:

  • The median value for Houses in Mount Gambier is $546,540 while the median value for Units is $419,712.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 63 properties listed for sale, and 49 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 742 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.