6 Lake Terrace E, Mount Gambier, SA 5290 sold on 15 December 2025 | OnTheHouse
SOLD
Sold on 15 Dec 2025 for $830,000

6 Lake Terrace E
Mount Gambier SA 5290

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 164m2
Land area: 773m2
Save

Property Details for 6 Lake Tce E, Mount Gambier

6 Lake Tce E, Mount Gambier is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 773m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Mount Gambier in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
164m2
Land Size
773m2
Local Government
Mount Gambier
Lot/Plan
A556/F193548

Last Listing description (December 2025)

Jason Malseed from Malseeds Real Estate is pleased to present 6 Lake Terrace East, an exquisite c.1900 residence that captures the very best of timeless character and contemporary refinement. Positioned within Mount Gambier's prestigious dress circle, this beautifully renovated three-bedroom home offers an exceptional lifestyle with nothing left to do but move in and enjoy.

From the moment you enter, the home impresses with its soaring ceilings, polished timber floorboards and carefully preserved heritage details. A graceful balance of old and new is achieved through thoughtful renovations, creating interiors that are both inviting and sophisticated. At the heart of the home, generous living spaces flow seamlessly to the outdoors, where 4-panel doors open onto a substantial undercover entertaining area framed by established gardens, providing the ideal setting for both quiet relaxation and grand gatherings. A heated and illuminated 4-pump swim spa, complemented by a gazebo and landscaped surrounds, elevates the outdoor experience year-round.

The residence continues to delight with elegant period features including three open fireplaces, a traditional dining hatch to the formal lounge, a brass door knocker and an elevated front balcony that embraces the home's heritage charm. Modern comforts have been meticulously integrated, with gas ducted heating, split system reverse-cycle air conditioning and combustion heating in the family living zone, ensuring comfort in every season.

Recent upgrades showcase the home's commitment to luxury and practicality. The bathroom, renovated in 2024, is a true retreat featuring underfloor heating, an open shower, freestanding bath and heated towel rails. In 2025, the laundry was reimagined with abundant storage, a sympathetic heritage aesthetic and the convenience of a second toilet. Beyond the main dwelling, a stone outhouse provides versatility as a home gym, creative studio or office, complete with an adjoining wood storage, while a double-length carport with roller door offers secure off-street parking.

Rarely does a property of this calibre come to market. Offering a perfect marriage of heritage elegance and high-end modern living, 6 Lake Terrace East presents an unrivalled opportunity to secure a residence of true distinction in one of Mount Gambier's most coveted locations.

This property will be going to auction on Friday the 7th day of November at 3pm on site (unless sold prior). To arrange an inspection and to register your interest for the auction, contact Jason Malseed 0419 032 795 or sales@malseeds.com.au.

Particulars:
Year Built: 1900
CT: Volume 5412 Folio 425
Land Size: Approximately 752m
Council: City of Mount Gambier
Zoning: Established Neighbourhood - EN
Council Rates: Approximately $613 p/q

Disclaimer - The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee its accuracy and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice.
RLA 115603

Property History for 6 Lake Tce E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$830,000
15 Dec 2025
  • 15 Dec 2025
    Sold for $830,000
  • 02 Oct 2025
    Listed for Sale AUCTION - 7th November 3pm onsite (USP)
  • 25 Feb 2021
    Sold for $569,000
Sign in to see more transactions
Commute Calculator

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 13,805 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.34% increase in median value, while Units have seen a 114.61% increase. As at 30 November 2025:

  • The median value for Houses in Mount Gambier is $534,884 while the median value for Units is $398,027.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 75 properties listed for sale, and 51 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 747 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

Market Insights
Mount Gambier Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Gambier Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
agent headshot
Show contact details
Malseeds Real Estate
Preferred contact:
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.