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 › Canavan Rd
$1,250,000–$1,350,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
3
Car spaces
4,124 m²
Land
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
Asking
$1,250,000–$1,350,000
Asking range · $303/m² of land
No recorded sale for this property.
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
+113.3%
Median sale
Suburb $586,000
-1.98 pp
Gross yield
Suburb 3.73%
Suburb median $586,000 from 99 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$79,233 on top of the price (6.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Mount Gambier's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 1.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
UnknownArea
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 GambierThe vendor says:
"We've lived here for 28 years and it's been such a wonderful family home for us. The house has this incredible balance of space, comfort and connection, where everyone can find their own quiet corner, yet still feel together, and the gardens and huge backyard gave our children the most beautiful place to grow up. What I've always loved most is that sense of peace and sanctuary you feel when you come up the driveway and walk through the door, it's private, light-filled and just such an easy home to live in."
The snapshot:
A rare blend of timeless heritage and modern family living, this stunning 1937 Mount Gambier residence, named Stratherne, sits on a sprawling 4000sqm allotment with established gardens and exceptional privacy. Showcasing beautiful period features, multiple living zones and a substantial modern extension with seamless indoor-outdoor entertaining, the home offers space, warmth and endless lifestyle appeal close to town.
The location:
Mount Gambier is a thriving regional city known for its stunning natural landmarks, vibrant community, and relaxed lifestyle. From the iconic Blue Lake to local schools, shops, and cafés, everything you need is close at hand. Whether you're exploring the crater lakes or enjoying the city's growing food scene, Mount Gambier offers the perfect blend of convenience and country charm.
Mount Gambier - 2 min (1km)
Blue Lake - 6 min (3.1km )
Mount Gambier Hospital - 5 min (2.5km)
The home:
Set on an expansive 4000sqm allotment behind established gardens and sweeping green lawns, this extraordinary Mount Gambier residence is a rare offering that beautifully blends historic character with contemporary family living.
Rich in heritage appeal, the grand 1937, Art Deco home showcases the craftsmanship and architectural detail synonymous with the region's most admired stone period residences, while a substantial modern extension delivers the scale and functionality today's families desire.
From the moment you arrive, the home's striking dolomite façade, terracotta tiled roof, leadlight windows and stone detailing create an unforgettable first impression.
Privately positioned well back from the street, the property exudes timeless elegance and offers a sense of arrival rarely found.
The deep front verandah invites relaxed afternoons overlooking the gardens, while the original double timber and glass doors open to reveal an interior brimming with warmth, history and charm.
Inside, soaring ceilings, decorative plasterwork, high skirting boards, timber accents and beautiful leadlight windows are showcased throughout the original home.
Every room tells a story, from the character-filled original family room featuring a beautifully preserved built-in display cabinet with leadlight doors, to the formal sitting room with its open fireplace, white dolomite fire surround and stunning curved leadlight window, and the elegant study flooded with natural light through multiple original windows.
Multiple living zones provide exceptional flexibility for families, including formal lounges, a dedicated study and an expansive open-plan living, dining and kitchen zone added as part of the 2007 extension.
Here, contemporary style complements the home's heritage soul, with huge windows and bi-fold doors drawing in natural light and creating seamless connection to the outdoors. This is a home where every room offers a different, pleasing vista.
The chef's kitchen is both striking and functional, complete with stone benchtops, a large island bench/breakfast bar, polished timber flooring, walk-in pantry, coffee station and quality stainless steel appliances including a 900mm oven and gas cooktop.
The adjoining family and dining area in the extension is designed for effortless entertaining, highlighted by a stunning fireplace set into a Western Australian limestone feature wall.
One of five fireplaces found throughout the home, each adds its own ambience as well as comfort through the cooler months, perfectly complementing the ducted heating in the original part of the house.
The living and dining space is also framed by walls of glass that open completely to the stunning, undercover alfresco deck.
Complete with integrated speakers, this outdoor space is ideal for long lunches, summer celebrations or simply enjoying the peaceful garden surroundings.
Modern security is seamlessly integrated throughout, highlighted by a back-to-base monitored alarm system for complete reassurance.
Accommodation is equally impressive, with four generous bedrooms including a beautiful master suite featuring decorative ceilings, leadlight windows, window seat, fireplace and stylish ensuite with an oversized shower with rain showerhead and sleek single vanity.
Two of the three other bedrooms feature built-in robes and all share the updated family bathroom, which offers modern convenience while still respecting the home's character.
Outside, the enormous grounds offer endless possibilities for families, entertainers or those seeking space to further enhance the property.
A large, detached garage provides excellent vehicle accommodation, storage and future potential for a workshop or studio, while double-gated access on both sides of the home adds practicality for vehicles, trailers or caravans.
All of this is just a short walk to an array of Mount Gambier's amenities, including schools, sports facilities and the CBD.
A remarkable blend of heritage beauty and modern liveability, this is a home where the hard work has already been done, yet there remains exciting scope for the next owner to further elevate and personalise one of Mount Gambier's truly special character residences.
Additional Property Information:
Age/ Built: 1937 (extension in 2007)
Land Size: 4124sqm
Council Rates: Approx $700 per quarter
Council Area: Mount Gambier City Council
Rental Appraisal: We have conducted an updated rental appraisal for approximately $700 - $750 per week
RLA 291953
Listing description written by Tahlia Gabrielli, Ray White Mt Gambier — reproduced as published, not verified by Districts.
Nearby 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.