G004/7 Lake Terrace WMount Gambier SA 5290
Property Details for G004/7 Lake Tce W, Mount Gambier
G004/7 Lake Tce W, Mount Gambier is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950.
Last Listing description (April 2024)
Elevated position on the side of Mount Gambier's crater lake with sweeping views over the city, enviably one of the towns best locations.
This beautifully presented apartment has a spacious kitchen complete with electric cooking appliances, dishwasher and plenty of cabinet space for storage.
North facing main open concept living and master bedrooms captures all day sun to help with warming the apartment naturally, or boost the temperature warmer or cooler to suit you depending on the time of year with the reverse cycle split system air conditioner.
Two queen sized bedrooms with master offering WIR and ensuite second has floor to ceiling built in robes plus generous size main bathroom with large shower and corner spa. Remote controlled electric day/night blinds fitted to the apartment.
Basement storage locker for additional storage and the benefit of a communal garden and BBQ area. Two car garage one with remote roller door and positioned in close proximity to the apartment.
Enjoy the walking trails around the Blue Lake that are only metres away from the building.
Well suited to the astute investor, retiree or busy working professionals requiring an easy-care low maintenance lifestyle.
Extra Information:
Council Rates / $1322.35 p/a
SA Water Supply Charge / $74.20 p/qtr
SA Water Sewer Supply Charge / $79.50 p/qtr
Strata fees / $1355.00 p/qtr
Emergency Services Levy / $78.40 p/a
Independent Rental Appraisal / $390-$410p/w
Council / City of Mount Gambier
Zoning / Community Facilities
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Property History for G004/7 Lake Tce W, Mount Gambier, SA 5290
- 08 Sep 2023Listed for Sale $380,000
- 26 Apr 2021Listed for Sale $285,000 - $295,000
- 20 Oct 2015Listed 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 13,870 properties. Over the last 5 years, Houses in Mount Gambier have seen a 107.93% increase in median value, while Units have seen a 105.41% increase. As at 31 July 2026:
- The median value for Houses in Mount Gambier is $578,108 while the median value for Units is $411,961.
- Houses have a median rent of $475 while Units have a median rent of $360.
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