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 › Megan Pl
3
Bedrooms
2
Bathrooms
1
Car spaces
298 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
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 GambierMake an offer on this property: https://portal.reaforms.com.au/purchaser/2-megan-place-mount-gambier-sa-5290-efvgw79uf6hvf2vh67226ftvi
The snapshot:
This superior, fully furnished three-bedroom modern townhouse in Mount Gambier offers unmatched convenience near the marketplace and hospital. Featuring a light-filled, open-plan living area, a gourmet kitchen, and a private sheltered patio, the smart layout isolates bedrooms for ultimate privacy. Complete with a master ensuite, spa bathroom, and garage, it's a lucrative, turnkey find.
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 CBD - 5 min (2.7km)
Blue Lake - 9 min (4.7km)
Mount Gambier Hospital - 4 min (1.6km)
The home:
Tucked away in a quiet, developing residential pocket just behind the main roads, this superior three bedroom modern townhouse offers the perfect mix of privacy, neighborhood warmth, and unmatched convenience.
Superbly positioned within walking distance of the Mount Gambier Marketplace and the Hospital, it presents a stellar opportunity for first-home buyers, downsizers, or astute investors looking to secure a premium asset in a highly sought-after locale.
From the street, the property immediately impresses with its crisp, modern white façade, clean architectural lines, and a neat, low-maintenance front yard.
Its versatile track record as approved short stay accommodation means you can immediately tap into lucrative holiday rental streams, secure a long-term tenant, or pack your bags and move into a fully equipped home.
Step through the modern front entry into a bright, welcoming living area where high-gloss tiled floors underfoot and cool white walls amplify the space.
Downlights and expansive front windows draw in beautiful natural light, complemented by a large, newly fitted reverse-cycle air conditioner to keep the entire central hub comfortable all year round.
Directly integrated into the living zone is the gourmet kitchen with its sleek, dark espresso cabinetry offset by clean white benchtops. It features a functional central island breakfast bar hosting a double sink and casual seating, along with premium stainless steel appliances including a gas cooktop, oven and rangehood.
Immediately adjacent, the dining area transitions seamlessly through wide glass sliding doors out to the private rear patio. Fully paved and sheltered, this courtyard features a built-in timber retaining wall and offers a secure, completely enclosed sanctuary.
The layout is exceptionally smart, isolating the bedrooms away from the central living area to guarantee quiet and privacy.
The front facing master bedroom serves as a peaceful retreat, boasting generous built-in robes and a private ensuite beautifully finished in soft, neutral porcelain tones with a large glass shower, toilet, and modern vanity.
On the opposite side of the floor plan, a second well sized double bedroom features built-in robes and sits right next to the family bathroom.
Pristine and minimalist, the family bathroom is complete with a corner spa bath, a separate glass shower recess, a wide vanity, and an adjacent independent toilet for effortless household convenience.
Positioned near the back of the home, the flexible third bedroom sits quietly behind the spacious internal laundry, which offers extensive linen storage and direct external access.
Finally, a massive undercover garage with a secure roller door provides ample vehicle parking and additional workspace storage, rounded out by secure driveway access at the front of the house.
With every detail carefully curated this property is an exceptional high-yield find.
Age/ Built: 2009
Land Size: 298sqm
Council Rates: Approx $535 per quarter
Strata Information: Approx $845 per annum
Rental Appraisal: This property is currently tenanted for $470 per week until 11/01/2027. We have conducted an updated rental appraisal for approximately $500 to $520 per week. An AirBNB appraisal has been completed for minimum $250 per night plus cleaning.
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.