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 › Peake St
$499,000
Last sold
15 Apr 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
635 m²
Land
150 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
$499,000
15 Apr 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
-14.8%
Median sale
Suburb $586,000
+0.65 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
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 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 (SA Time), Wednesday 25th March 2026**
Positioned in a quiet residential pocket, 31 Peake Street, Mount Gambier offers comfortable living with recent updates and excellent potential for those looking to add their own touches. Recently painted internally, the home presents a fresh and welcoming feel while still offering scope for further improvements.
Stepping through the front door, you are welcomed directly into the main lounge room, featuring new carpet, modern blinds, and downlights, creating a warm and inviting space to relax.
Flowing from the lounge is the dining area, complete with durable vinyl plank flooring and day/night blinds, providing a practical setting for everyday meals. The adjoining kitchen is functional and well laid out, equipped with an electric oven, rangehood, and single sink, offering the essentials for convenient meal preparation.
Towards the rear of the home, a second living or entertaining area provides valuable additional space for the household. This light-filled area features a skylight, along with a wood fire, reverse-cycle unit, and ceiling fan, ensuring comfort throughout the seasons and making it an ideal space for relaxing or entertaining guests.
The laundry offers built-in storage, adding to the home's practicality.
The master bedroom includes original carpet, a walk-in robe (currently without flooring), and a private ensuite fitted with a shower, vanity, and toilet. The room also includes blinds, curtains, and a ceiling fan, though it offers an opportunity for some updating to further enhance the space.
Bedroom two has been refreshed with updated carpet and includes blinds and curtains, providing a comfortable and ready-to-use bedroom.
The main bathroom, while original, remains functional and features a vanity, bath, and walk-in shower, with the convenience of a separate toilet nearby.
Bedroom three includes original carpet, built-in robes without doors, and day/night blinds, and would benefit from some renovation or updating, offering buyers the chance to improve and add value.
Outside, the home features a paved pergola area, perfect for outdoor entertaining. The pergola has an updated roof with flat laserlight, allowing natural light while still providing shelter.
The low-maintenance backyard provides a blank canvas for landscaping or further outdoor improvements. A single garage offers secure parking with drive-through access to the rear yard, and two garden sheds positioned at the back of the property provide additional storage space.
With fresh internal paint, flexible living areas, and scope to update key spaces to suit your style, 31 Peake Street presents an excellent opportunity for first home buyers, investors, or renovators looking to add value in a well-established location.
Additional Information:
Land Size: Approx 431m2
Building Size: Approx 150m2
Council Rates: Approx $430 per quarter
Emergency Services Levy: Approx $92 per annum
Water / Sewerage Rates: Approx $176 per quarter
Age of Building: Approx 1988
Rental Appraisal: $440 - $460 Per Week
Listing description written by Bianca Taylor, The Property Co SA — 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.