5 Coombe St, Nangwarry is a 3 bedroom, 1 bathroom House and was built in 1993. The property has a land size of 839m2 and floor size of 100m2.This Property is currently listed for sale with Ray White Mt Gambier
Nestled within the peaceful township of Nangwarry, 5 Coombe Street presents an affordable opportunity packed with potential for buyers ready to roll up their sleeves
and create something special. Offered with a price guide of $230,000, this property is ideal for first home buyers, renovators, investors, or those seeking an affordable
regional lifestyle with space to grow.
The home offers three bedrooms, one bathroom, a separate toilet, and a rear laundry, providing a functional layout ready for renovation and improvement.
Whether you choose to move in and renovate over time or secure the property as an investment project, there is enormous scope here to add value and make the property your own.
Rich in forestry history and surrounded by natural beauty, Nangwarry is a quiet and welcoming community perfectly positioned between Penola and Mount Gambier, offering convenient access to larger town services while maintaining a relaxed country atmosphere.
The township is home to a well cared for forestry museum and community centre that celebrate the area's proud history, along with a local primary school and school bus services to secondary schooling in Penola.
Residents also enjoy the convenience of a local GP service operating on Wednesdays, together with a popular local roadhouse and takeaway that remains a valued hub for the community.
Features include:
Affordable renovation opportunity with excellent potential to add value
Rear laundry
Functional layout ready for improvement and renovation
Positioned within the Township zoning
Minimum site area requirement of 900sqm
Hazards Bushfire High Risk Overlay applies
Flooding Evidence Required Overlay applies
Native Vegetation Overlay applies
Water Protection Area Overlay applies
Convenient location between Penola and Mount Gambier
Quiet regional lifestyle with strong community spirit
Close to local primary school and bus services to high school in Penola
Nearby GP service available on Wednesdays
Popular local roadhouse and takeaway nearby
SAPPA report available
This property will conduct an online marketing campaign for 14 days. This campaign will end on Wednesday May 13th 2026. All offers and conditions will then be presented to the vendors for their consideration and final decision.
Additional Property Information:
Land Size: 839m2
Rental Appraisal: A rental appraisal has been conducted for approximately $310 to $330 per week.
RLA - 291953
The size of Nangwarry is approximately 257.7 square kilometres. It has 8 parks covering nearly 67.3% of total area. The population of Nangwarry in 2016 was 520 people. By 2021 the population was 505 showing a population decline of 2.9% in the area during that time. The predominant age group in Nangwarry is 60-69 years. Households in Nangwarry are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Nangwarry work in a labourer occupation.In 2021, 74.40% of the homes in Nangwarry were owner-occupied compared with 81.00% in 2016.
Nangwarry has 308 properties. Over the last 5 years, Houses in Nangwarry have seen a 172.76% increase in median value. As at 31 March 2026:
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