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 › Paltridge St
3
Bedrooms
1
Bathrooms
1
Car spaces
930 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mount Gambier (last 5 years) with land size have a median of $748/m² of land (n=72). 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.
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 Ray White Mt GambierPerfectly positioned and beautifully presented, 1 Paltridge Street offers a rare opportunity to secure a character filled home on a substantial 930 square metre allotment.
Stylishly renovated, this stone fronted residence seamlessly combines its mid-century charm with modern functionality, making it an ideal choice for first-home buyers, families, or savvy investors seeking a turnkey property.
The home's classic facade and inviting front porch set a welcoming tone from the street, while the fully enclosed front yard, framed by crisp white picket fencing, ensures both privacy and significant curb appeal.
Upon entering, guests are greeted by a warm and cohesive interior where rich timber flooring flows through the main living zones.
The lounge room serves as the heart of the home, bathed in natural light and equipped with a reverse cycle split system to provide consistent climate control throughout the seasons.
The adjacent kitchen and dining area have been thoughtfully updated to meet modern standards.
The kitchen itself boasts sleek white cabinetry, a contemporary electric cooktop, and quality appliances, all framed by a bright, open layout that overlooks the dedicated dining space, making it perfect for both daily meals and entertaining.
The accommodation consists of three well-proportioned bedrooms. Two of the bedrooms are finished with plush carpeting for a touch of added luxury underfoot, while the third features the same stunning timber floors seen in the living areas, maintaining the home's aesthetic.
The central bathroom is equally impressive, featuring a timber look vanity and a versatile shower-over-bath configuration.
For added practicality, a separate toilet is located at the rear of the property, situated near the functional laundry which offers ample storage and durable timber look benchtops.
The expansive outdoor space is a standout feature of this property. The secure, oversized backyard offers a vast blank canvas for children to play, pets to roam, or for the garden enthusiast to create a private oasis.
A handy garden shed provides storage for tools and equipment, and the sheer size of the block allows for potential future shedding or extensions (STCA).
Located just moments from local schools, shopping, and the vibrant center of Mount Gambier, this move-in-ready gem offers the perfect blend of style, space, and central convenience.
Additional Property Information:
Age/ Built: Approx 1950
Land Size: 930m2
Council Rates: Approx $390 per quarter
Rental Appraisal: This property is currently tenanted at $440 per week until 11/05/2026. We have conducted an updated rental appraisal for approximately $460 to $480 per week.
RLA 291953
Listing description written by Tahlia Gabrielli, Ray White Mt Gambier — reproduced as published, not verified by Districts.