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
$720,000
Last sold
2 Feb 2026
5
Bedrooms
3
Bathrooms
2
Car spaces
910 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
$720,000
2 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Mount Gambier (last 5 years) with land size have a median of $743/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
+22.9%
Median sale
Suburb $586,000
-0.70 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 Malseed Real EstateWelcome to 12 Paltridge Street, Mount Gambier… a superb family residence offering elevated views, multiple living zones and exceptional everyday convenience.
Perfectly positioned near the sought after area of Conroe Heights, this impressive brick home delivers generous proportions, flexible living options and an abundance of natural light throughout. With three bathrooms, upstairs and downstairs living, approximately 7.5kW solar and room for everyone to spread out - this is a property designed for comfort and practicality.
Located only moments from Conroe Heights Shopping Centre, the South Eastern Hotel, childcare facilities and primary schools, this home offers an unbeatable lifestyle of accessibility and ease.
At the top of the driveway you'll find ample off-street parking, along with a double garage under the main roof. Complete with electric roller doors, extensive storage and two multipurpose rooms, this versatile space is ideal as an additional living space, cellar, home office or gym.
Well established front gardens create an attractive and welcoming street presence.
Step inside to a tiled entryway that flows seamlessly into the home.
To the left, the updated master suite provides a peaceful retreat, featuring plush carpet, a generous walk-in wardrobe, split-system heating/cooling, a ceiling fan and stunning elevated views across the town. The luxurious ensuite is equipped with a separate shower and toilet, plus an impressive fully automatic 10-seater spa, offering the perfect space to unwind. The adjoining laundry is thoughtfully designed with great bench space, storage and room for both a washer and dryer.
Continue through to the expansive open-plan kitchen and dining area, beautifully designed for family living and entertaining. The kitchen includes electric cooking, a dishwasher, walk-in pantry and double sink, all capturing sweeping views of Mount Gambier and Centenary Tower through the window. Electric shutters add convenience and optional privacy. The adjacent carpeted lounge is fitted with a ceiling fan and split-system heating/cooling for year-round comfort.
Down the hallway, the main bathroom offers a large shower and vanity, with a separate toilet for family functionality. Bedrooms 3 and 4 are well-proportioned, carpeted and fitted with walk-in wardrobes, while Bedroom 2 provides an added touch of luxury with its own ensuite, walk-in robe, split-system heating/cooling and elevated views across the street and city skyline.
Glass sliding doors from both the lounge and laundry open onto the rear deck and secure backyard, ideal for children, pets or relaxing weekends at home.
The additional outdoor entertaining area, equipped with a pergola, extends the outdoor living possibilities even further, with roofing and lighting to ensure year-round entertaining. A small garden shed offers convenient storage for garden tools and equipment.
Outside, lush gardens surround the home. Side access to the backyard adds practicality, while abundant internal storage, including a spacious hallway linen press - ensures the home remains organised and functional.
Call Jason Malseed for more information and to arrange your private inspection.
Particulars:
CT: VOLUME 6121 FOLIO 909
Land Size: approximately 910 sqm
Council: City of Mount Gambier
Zoning: Suburban Neighbourhood - SN
Council Rates: Approximately $544 p/a
Disclaimer – The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee its accuracy and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice.
RLA 115603.
Listing description written by Jason Malseed, Malseed Real Estate — reproduced as published, not verified by Districts.