Mount Gambier at a glance
26,671
People
$586,000
Median sale
$420/wk
Median rent
3.73%
Suburb gross yield
Median sale from 99 recorded sales (last 12 months) — a Districts calculation.
SA › Mount Gambier › Laslett St
$550,000
Last sold
21 May 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
768 m²
Land
115 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$550,000
21 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Mount Gambier (last 5 years) with land size have a median of $753/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Mount Gambier at a glance
26,671
People
$586,000
Median sale
$420/wk
Median rent
3.73%
Suburb gross yield
Median sale from 99 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Gambier
-6.1%
Median sale
Suburb $586,000
+0.24 pp
Gross yield
Suburb 3.73%
Suburb median $586,000 from 99 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $420/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mount Gambier at a glance
26,671
People
$586,000
Median sale
$420/wk
Median rent
3.73%
Suburb gross yield
Median sale from 99 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Property Co SANestled in a quiet pocket of Mount Gambier, 1 Laslett Street presents a fantastic opportunity for those looking to enter the property market or expand their investment portfolio. Recently refreshed with a full interior paint and new blinds installed just 12 months ago, this home offers a solid foundation with scope to add further value over time.
Stepping inside, the lounge room provides a comfortable and functional living space, complete with both a split system and gas heater (noting these would benefit from servicing). This area flows through sliding doors into the dining room, creating a connected yet flexible layout. The dining space features durable vinyl plank flooring, offering a practical and modern touch ideal for everyday living.
The kitchen is well-appointed with a single sink, electric cooking, and ample storage, making it a functional hub of the home with potential for future upgrades. Bedrooms one and two are a true blank canvas, each fitted with blinds and carpet, allowing new owners to personalise to their own taste.
The bathroom is neatly configured with a walk-in shower, bathtub, and vanity, while a separate toilet adds convenience for busy households. The third bedroom is positioned privately and includes its own split system, along with curtains and carpet, making it an ideal master or guest retreat.
A functional laundry provides direct access to the backyard, enhancing practicality. Outdoors, the property continues to impress with a single carport offering drive-through access to the rear yard. Entertaining is made easy with a decked patio area complete with a roof, perfect for year-round use. Additionally, an older-style single garage/shed with a concrete floor and lighting adds valuable storage or workspace options.
Positioned in a sought-after regional centre, this property represents an excellent entry point into the Mount Gambier market. With its recent updates, solid structure, and room to enhance, 1 Laslett Street is perfectly suited to investors seeking a reliable addition to their portfolio or buyers looking to secure a home with future potential.
Additional Information:
Land Size: Approx 768m2
Building Size: Approx 115m2
Council Rates: Approx $450 per quarter
SA Water Rates & Sewerage: Approx $176 per quarter
Emergency Services Levy: TBC
Currently leased at $460 until 1/9/2026
Future Rental Appraisal: $460 - $470 per week
Disclaimer:
RLA: 312 565
Listing description written by Bianca Taylor, The Property Co SA — reproduced as published, not verified by Districts.