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 › Boandik Tce
$422,000
Last sold
24 Nov 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
757 m²
Land
133 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
$422,000
24 Nov 2025 · 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
-28.0%
Median sale
Suburb $586,000
+1.45 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 SA** Due to strong interest & a number of offers being negotiated, we now ask for all Highest, Best & Final Offers to be presented by 4pm, Tuesday 11th November 2025**
Step inside this charming stone home and feel the welcoming warmth that flows from room to room. As you enter through the front door, you're greeted by a spacious lounge adorned with solid timber floors, soft sheers and curtains, a ceiling fan, and the comfort of reverse cycle air conditioning.
At the front of the home, the first bedroom captures beautiful northern light and features carpet, sheers, curtains, a ceiling fan, and its own reverse cycle air conditioning. The second bedroom also offers carpet underfoot, sheers, curtains, and a ceiling fan, providing a cosy and comfortable space. The third bedroom includes carpet, sheers, curtains, a walk-in robe (to be completed), and the added bonus of a private reverse cycle air conditioner.
The central bathroom is appointed with a vanity, bath, and shower, while the kitchen offers the essentials, a double sink, electric oven and cooktop, and classic timber venetian blinds. With space ready for an upgrade, the kitchen floor presents a true blank canvas, ideal for new flooring such as vinyl planks, tiles, or your choice of modern finish.
Continuing through the home, a tiled sunroom provides the perfect transition to a flexible extra living area on the left, a space that could easily serve as an additional lounge, hobby room, or even a fourth bedroom. At the rear, you'll find a functional laundry with a single trough and a separate toilet for added convenience.
Outside, the home continues to offer lifestyle appeal with a covered pergola, along with a handy garden shed and a carport.
Set on a generous 757m² block, this property holds wonderful opportunity for those with a vision to bring out its full potential. Ideally located within proximity to schools, public transport, Grantville Court Shopping Complex, and just a short drive to the CBD, this home offers convenience and space in one.
A character-filled stone residence waiting for its next chapter, ready for you to make it your own.
All offers must be made in writing to candice@thepropertycosa.com.au
Link to Offer Form - https://www.thepropertycosa.com.au/forms/
Additional Information:
Land Size: Approx 757m2
Building Size: Approx 133m2
Council Rates: Approx $456 per quarter
Emergency Services Levy: Approx $91.50 per annum
Water / Sewerage Rates: Approx $176 per quarter
Age of Building: Approx 1965
Rental Appraisal: Contact The Property Co.SA
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.
Also look at
34 Ash Ct, Mount Gambier SA 5290
3-bed house for sale. Asking $749K–$779K.
2/11 Sinclair St, Mount Gambier SA 5290
2-bed house. Asking $429K–$459K.
10 Peters St, Mount Gambier SA 5290
4-bed house for sale. Asking $559K–$599K.
U9, 151 Commercial Street West, Mount Gambier SA 5290
2-bed unit. Asking $430K–$460K.