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SA › Mount Gambier › Telford St

24 Telford St, Mount Gambier SA 5290

For saleSemi-detached for Sale

$359,000–$389,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

0

Car spaces

860 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $359,000–$389,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $359,000–$389,000(Listing record · 25 Aug 2026)
  • CalculationLand 860 m² against a 101 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 39% below the Mount Gambier median recorded sale ($586,000, n=99, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mount Gambier's advertised median rent ($420/wk), implied gross yield would be 6.08% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$359,000–$389,000

Asking range · $417/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.

See the full Mount Gambier report →

Vs Mount Gambier

-38.7%

Median sale

Suburb $586,000

+2.35 pp

Gross yield

Suburb 3.73%

Suburb median $586,000 from 99 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$359,000
Stamp Duty (South Australia)
$14,280
Transfer/Registration Fee
$3,608
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$380,588

$21,588 on top of the price (6.0% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

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.

Net yield
4.58%
Annual cashflow (pre-tax)
$-2,213
Interest cover (DSCR)
0.88
Annual rent
$21,840
Operating expenses
$5,385
Loan amount
$287,200
Annual interest
$18,668
Gross yield
6.08%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$359,000–$389,000available25 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 6.1%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mount Gambier in one glance

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.

See the full Mount Gambier report →

Keep researching

  • Why Mount Gambier? Read the area thesis →
  • What else is on the market in Mount Gambier →
  • Other records on Telford St →

Listing material

Listed by The Property Co SA

Neat and Tidy Duplex with Spacious Corner Allotment

Neat, tidy and well presented, this duplex offers comfortable living combined with a generous corner allotment and plenty of scope for future potential.

Enter into the welcoming lounge room, featuring warm wooden floorboards and reverse-cycle air conditioning, creating a comfortable space to relax throughout the seasons. Bedroom 2 continues the timber flooring theme, while the spacious master bedroom also features the same easy-care flooring.

The central bathroom is well appointed with a vanity, shower and bath, offering practical amenities.

Read the full description

The spacious kitchen offers electric cooking and plenty of room for meal preparation, flowing through to the laundry, which is complemented by a separate toilet.

An additional mud room provides valuable extra storage and practical access to the outdoors via a sliding door. Beyond, the large rear yard offers plenty of room to enjoy, entertain or explore future possibilities, with a garden shed providing a practical space for storing tools, equipment and outdoor essentials.

Positioned on a substantial corner allotment of approximately 860m², the property provides excellent rear yard access and room for further shedding, subject to council consent.

Conveniently located within an easy drive of the town centre, Harvey Norman, Railway Lands, Melaleuca Park Primary School and Grant High School, the property offers a practical lifestyle with everyday amenities, schools and recreation all within easy reach.

With its neat and tidy presentation, generous landholding, practical floorplan, convenient location and scope to add further improvements, this property presents an exciting opportunity for homeowners, families or those looking for space and future potential.

Additional Information:

Land Size: Approx 860m2

Building Size: Approx 101m2

Council Rates: Approx $386 per quarter

SA Water Rates & Sewerage: Approx $191.85 per quarter

Emergency Services Levy: Approx $90 per annum

Age of Building: Approx 1950

Rental Appraisal: $380 Per Week

Disclaimer:

All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions. This includes, but is not limited to, land size, floor plans, building size, age, condition, rates, outgoings, zoning, approvals, and property features. All images, floor plans, and descriptions are for illustrative purposes only and measurements are approximate.

Interested parties are encouraged to make their own enquiries and obtain independent legal and financial advice. Please refer to the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

The Property Co. SA | RLA: 312 565

Listing description written by Candice Merrett, The Property Co SA — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Reverse Cycle Aircon
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.