3 Draper Street W, Tarpeena, SA 5277 | Property Value & History | OnTheHouse
 
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3 Draper Street W
Tarpeena SA 5277

Bedrooms: 6
Bathrooms: 1
Car spaces: 1
Floor area: 200m2
Land area: 2056m2
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Last updated 10 Aug 2026
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Property Details for 3 Draper St W, Tarpeena

3 Draper St W, Tarpeena is a 6 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 2056m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
House
Year Built
1970
Floor Size
200m2
Land Size
2056m2
Local Government
Grant
Lot/Plan
A22/T421201

Last Listing description (June 2024)

Situated on a large and level allotment in the quiet township of Tarpeena less than 20 minutes north of Mount Gambier, "10 Draper Street" offers a fantastic investment opportunity with 6 units spanning across 2 separate street frontages, with proven rental return and even greater future potential that currently returns $50,440 per annum ($970 per week).

Each unit consists of 2 bedrooms, 1 bathroom, dine in kitchen and comfortable lounge space, with separate yards and assigned carports providing undercover parking.

On the Draper Street side built approximately 1960s, the south facing entry to each unit is sheltered by a veranda along the full length of the property. Inside, the carpeted lounge includes reverse cycle air conditioning to comfort the space all year round, with carpeted bedrooms adjoining, one with built in wardrobes. The kitchen takes in north facing light in a bright and neutral space with an eat in dining area, with electric cooking and ample storage. Wet areas include a bathroom with walk in shower, toilet and vanity, with additional storage in the passage, and laundry facility at the back entry (which is enclosed in unit 1). Outside, each unit has their own enclosed yard space providing security and privacy, or could be suitable for small pets.

With a north facing aspect overlooking rural views, the Francis Terrace West units built approximately 1980's also includes a full-length veranda along the front of the building, with a more modern aesthetic and solid construction throughout. Similar in its features, each unit provides a carpeted lounge on entry with reverse cycle air conditioning, adjoined by a kitchen with electric cooking. The two bedrooms are larger than their original counterparts, whilst wet areas include a walk in shower, vanity and convenience of a separate toilet, and each unit includes enclosed laundry facilities. Separate enclosed yard spaces and assigned carports are also available for each unit.

All six units are currently on a single title with shared water meter, and are currently tenanted with information provided below.

Draper Street:
Unit 1 - $160 per week - fixed to Jan 2025
Unit 2 - $155 per week - fixed to Oct 2024
Unit 3 - $155 per week - fixed to July 2024

Francis Tce West:
Unit 1 - $165 per week - fixed to Oct 2024
Unit 2 - $170 per week - fixed to Feb 2025
Unit 3 - $165 per week - fixed to Nov 2024

A fantastic addition to any rental portfolio, with industry growth and investment at the local mill nearby along with close proximity to the regional hub of Mount Gambier providing further employment and retail options. Regional South Australia has shown excellent growth and forecasting even greater opportunities ahead - secure your interest and don't miss out, contact Alistair for more information today.

RLA - 291953
Additional Property Information:
Approx Property Age:
Draper St units - approx. 1960
Francis Tce units - approx. 1980
Land Size: 2023sqm
Council Rates: $430 per quarter per unit

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Property History for 3 Draper St W, Tarpeena, SA 5277

A timeline of how this property has performed in the market
Last Sold
$85,000
18 Dec 2017
Listed for Rent
$165/w
30 Sep 2006
  • 14 May 2024
    Listed for Sale $695,000 - $725,000
  • 18 Dec 2017
    Sold for $85,000
  • 28 Oct 2015
    Sold for $75,000
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About Tarpeena 5277

The size of Tarpeena is approximately 39.2 square kilometres. There is 1 park, covering nearly 10.5% of the total area. The population of Tarpeena in 2016 was 414 people. By 2021 the population was 392 showing a population decline of 5.3% in the area during that time. The predominant age group in Tarpeena is 50-59 years. Households in Tarpeena are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Tarpeena work in a labourer occupation.In 2021, 87.20% of the homes in Tarpeena were owner-occupied compared with 80.90% in 2016.

Tarpeena has 312 properties. Over the last 5 years, Houses in Tarpeena have seen a 128.98% increase in median value. As at 31 July 2026:

  • The median value for Houses in Tarpeena is $405,262 while the median value for Units is $650,172.
There are currently 3 properties listed for sale, and no properties listed for rent in Tarpeena on OnTheHouse. According to Cotality's data, 18 properties were sold in the past 12 months in Tarpeena.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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