8/25 Kain StreetMount Gambier SA 5290
Property Details for 8/25 Kain St, Mount Gambier
8/25 Kain St, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a floor size of 85m2.
Last Listing description (October 2023)
Currently housing a reliable long term tenant who is paying $180 per week but we have a current market appraisal of $210 - $220 per week, this tidy and well-maintained 2 bedroom unit presents a fantastic opportunity for investment. Located in a sought-after neighbourhood directly behind Collins Court and The Western Tavern, this property is well-positioned to provide solid returns on your investment and would make for a beautiful first home.
As well as offering a highly convenient location, the property itself is well-maintained and in great condition. Featuring carpeted living areas, timber-look flooring in the kitchen, wooden benches & fixtures and excellent natural light, this is a neat, practical and cozy home. Single garage parking is also included.
Stepping inside this home, you will enter via the spacious living room, with the two bedrooms located immediately adjacent. Both bedrooms feature built-in cupboard storage and large windows. The amenities are located at the rear of the home, featuring a kitchen and dining area, a large laundry room and a bathroom with a shower, bathtub and vanity.
As previously mentioned, this unit is currently home to a long term tenant of over ten years, providing you with an immediate and reliable stream of rental income if you are purchasing as an investment property. This unit could also make a fantastic small home for you with such close proximity to amenities like Collins Court shopping centre and the nearby Mulga Street Primary.
Overall, this 2 bedroom, 1 garage unit is a great small property with a lot of potential. To enquire further about this home, get in touch with Sarah Barney at Elders Real Estate today.
RLA 62833
Property History for 8/25 Kain St, Mount Gambier, SA 5290
- 19 Jun 2023Listed for Sale $199,000
- 05 Dec 2013Listed for Rent - Price not available
Recent sales nearby
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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 13,830 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.
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