59 Lake Terrace W, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

59 Lake Terrace W
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 339m2
Land area: 949m2
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Property Details for 59 Lake Tce W, Mount Gambier

59 Lake Tce W, Mount Gambier is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1977. The property has a land size of 949m2 and floor size of 339m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1977
Floor Size
339m2
Land Size
949m2
Local Government
Mount Gambier
Lot/Plan
A1/D5733

Last Listing description (March 2022)

Ray White Mt Gambier are pleased to present for sale, 59 Lake Terrace West, Mount Gambier.
This 70's double storey, solid brick home has been updated to modern specs while keeping the retro theme running inventively throughout.
The spectacular location of this property and its unique design make it a conversation starter. Positioned on prime Mount Gambier real estate with stunning views of The CBD and surrounding lakes and parks - it's an incredibly special place.

Entering via a semi-circle driveway and gardens, a secure double garage sits central to the ground floor with a large, angled staircase leading up and across the top balcony to the entrance. The lower-level entrance sits at the front and opens into a wonderful, spacious foyer that leads to a huge rumpus room with built-in timber bar, finished with luxury embossed tiles.
The lower lounge/rumpus accesses the ground floor bathroom with a shower, toilet and vanity as well as a cellar and 2 storage rooms. On the opposite side of the stairs is the double garage that extends to the side and rear and accesses a third bedroom or study/studio with adjacent storeroom / garden shed. This is a versatile ground floor providing opportunity for a multitude of uses.
Arched doorways and windows give the space subtle character, while the stylish, timber and painted steel staircase, set on tiles, providing a striking first impression.
Reaching the upper level, the staircase reveals a huge open-plan lounge, diner, and kitchen through a unique glass panel. This spacious north facing living area includes wonderful 70's touches including fishbowl pendant lighting and pitched timber roof with full-width glass windows opening onto a large balcony, with spectacular views. The carpeted space offers reverse cycle air conditioning and wall- mounted hydronic heating for efficient and easy controlled comfort.
Side-by-side cutaways provide architectural nooks for the dining room and kitchen, that benefit from proximity to the pitched ceiling, creating extra dynamic within the house.
The kitchen has stylish white stone benchtops, wrap around tiling, breakfast bar, solid timber cabinetry providing lots of storage. Stainless-steel appliances - dishwasher, built-in wall oven and microwave and induction cooktop complete the picture.
Floor to ceiling glass at both the North and South sides of the kitchen / living area provide fabulous views and access to the front balcony, and rear garden area, via sliding glass doors.
Opposite the staircase is a magnificent master bedroom with private sitting room that could easily double as a nursery, study or fourth bedroom. It benefits from a walk-in robe and stunning ensuite, with stone floor tiling, porcelain toilet and vanity and frameless glass shower recess, for an ultra-modern and sophisticated space.
Opposite the master wing is a second double bedroom with double aspect views. The adjacent family bathroom comprises a separate bath and wet room design shower, with vanity unit and a separate toilet.
A laundry with large linen press, trough, cupboards, and access to the rear verandah sits next door completing the upstairs.
Outside, the story just keeps getting better. A wrap around balcony has some of the best views of the town and surrounding lakes where you can fully appreciate the transition from day to night. The pergola is accessed via a stunning deck and is powered with pendant lighting hanging from an incredible roof the space offers a gorgeous character sink/bar area. Views from the pergola extend to the split-level stone walled garden that must be seen to be believed. Under the pergola is undercover parking, perfect for the recreational boat or caravan.
The beautiful lower-level garden is surrounded by tiered retaining walls that encapsulate the property, with native trees and an abundance of exquisitely landscaped spaces. Outdoor entertaining is a joy the biggest challenge will be coaxing guests away.
Solar panels provide energy efficiency, adding to the natural ethos of this spectacular property. Viewings are recommended to get a feel for the sheer abundance of stunning features. This astonishing property is sure to impress so contact Tahlia and Sarah at Ray White Mt Gambier today and secure your chance to call it home. RLA 291953

Additional Property Information:
Age/ Built: Approx. 1977
Land Size: Approx. 949m2
Council Rates: Approx. $496 Per Quarter

Property History for 59 Lake Tce W, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$749,000
03 Dec 2021
Listed for Rent
$250/w
19 Dec 2017
  • 03 Dec 2021
    Sold for $749,000
  • 17 Feb 2021
    Listed for Sale $749,000 - $769,000
  • 04 Dec 2017
    Listed for Rent - Price not available
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About 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 13,837 properties. Over the last 5 years, Houses in Mount Gambier have seen a 111.31% increase in median value, while Units have seen a 111.85% increase. As at 31 May 2026:

  • The median value for Houses in Mount Gambier is $579,262 while the median value for Units is $420,116.
  • Houses have a median rent of $470 while Units have a median rent of $360.
There are currently 98 properties listed for sale, and 52 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 706 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.