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 › Jubilee Highway West
$380,000
Last sold
12 Jan 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
766 m²
Land
117 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
$380,000
12 Jan 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
-35.2%
Median sale
Suburb $586,000
+2.02 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 SAEvery so often, a property surfaces that captures the imagination—not because of polished finishes or modern updates, but because of its raw, untouched potential. 120 Jubilee Highway West, Mount Gambier is exactly that kind of opportunity: a solid stone home with great bones, waiting patiently for the right visionary to breathe new life into it.
Positioned on a generous 766m² allotment, this property offers the kind of spacious block that's becoming increasingly rare within walking distance of the city. The size alone presents endless possibilities—extensions, outdoor entertaining areas, gardens, or even a complete reinvention of the site's layout. Here, creativity has room to stretch out.
Inside, the home features three bedrooms and one bathroom, alongside a good-sized formal living area that hints at the home's former charm. The kitchen, equipped with a dishwasher and ample bench space, provides a practical starting point for renovators looking to redesign a functional, modern cooking hub. Every room is a blank canvas—ready for an update, but grounded in the strength and character that stone homes are admired for.
What truly elevates this opportunity, however, is its prime location on Jubilee Highway.
Positioned at the doorstep of Mount Gambier's CBD, the home offers the convenience of city living while still promising the privacy and potential that a substantial block provides. Restaurants, retail, schools, and services are all just moments away—making it an ideal prospect for both future homeowners and savvy investors.
120 Jubilee Highway West isn't just a property; it's a project with promise. For those willing to roll up their sleeves and imagine what could be, it represents the chance to transform a long-standing home into something spectacular—something that reflects modern living while honouring its solid, original foundations.
In a market hungry for potential, this is a rare opportunity to create something truly special in a highly sought-after location.
Additional Information
Land Size: Approx 766m2
Building Size: Approx 117m2
Council Rates: TBC
Emergency Services Levy: Approx $85 per annum
Water / Sewerage Rates: Approx $176.30 per quarter
Age of Building: Approx 1960
Rental Appraisal: Contact The Property Co.
Listing description written by Bianca Taylor, The Property Co SA — reproduced as published, not verified by Districts.