94 Commercial Street E, Mount Gambier, SA 5290 | Property Value & History | OnTheHouse
OFF MARKET

94 Commercial Street E
Mount Gambier SA 5290

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 1051m2
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Property Details for 94 Commercial St E, Mount Gambier

Building Type
Commercial
Land Size
1051m2
Local Government
Mount Gambier
Lot/Plan
A91/F170266

Last Listing description (February 2022)

Elders Mount Gambier are very excited to be appointed exclusively to handle the sale of this sensational investment opportunity that truly offers something to each buyer profile. The property is configured as three separate businesses offering a mixture of shopfront and office space and is offered to market fully leased.


We further highlight the below key features of 94 Commercial Street East for consideration:
- Land area of 1015sqm*
- Dual access via Commercial Street and Krummel Street
- Three tenancies all offering rear access and currently fully leased
- On-site car parks
- Passing income of $80,036 pa

Property History for 94 Commercial St E, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$875,000
29 Mar 2022
Listed for Rent
$498/w
16 Jul 2021
  • 29 Mar 2022
    Sold for $875,000
  • 16 Aug 2021
    Listed for Sale $890,000
  • 23 Aug 2019
    Listed for Rent $26,000 / 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 13,810 properties. Over the last 5 years, Houses in Mount Gambier have seen a 109.30% increase in median value, while Units have seen a 105.78% increase. As at 31 December 2025:

  • The median value for Houses in Mount Gambier is $544,108 while the median value for Units is $399,563.
  • Houses have a median rent of $453 while Units have a median rent of $340.
There are currently 60 properties listed for sale, and 54 properties listed for rent in Mount gambier on OnTheHouse. According to Cotality's data, 745 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.