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 › Montebello Dr
$610,000
Last sold
4 May 2026
4
Bedrooms
1
Bathrooms
2
Car spaces
769 m²
Land
250 m²
Building
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
$610,000
4 May 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
+4.1%
Median sale
Suburb $586,000
-0.15 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 Ray White Mt GambierSituated in a prime pocket of Mount Gambier within easy reach of local schools, TAFE, and the university, 38 Montebello Drive stands is a solid brick, double-story design.
This commanding residence offers a unique architectural flair from the moment you step into the entry, where a clever under-stairs nook with integrated hooks provides the perfect catch-all for a busy family.
The home's character is immediately on display in the sunken lounge, a light-filled sanctuary bordered by a stunning stone feature wall with built-in shelving. This inviting space balances comfort and style, featuring a striking feature wall, and the dual luxury of a cozy open wood fire for winter nights and reverse cycle air conditioning for year-round climate control.
The flow of the home leads seamlessly into an open-plan dining and kitchen area adorned with warm timber floors.
The timber kitchen is as functional as it is charming, boasting a dishwasher, oven, dedicated microwave space, and an abundance of storage. Large windows above the sink offer a pleasant outlook over the rear yard, while the breakfast bench provides a casual spot for morning coffee or guest seating.
For those who love to entertain, sliding doors open from the dining space to a covered patio, perfect for alfresco dining regardless of the weather.
The ground floor layout is designed for practical living, featuring a hallway packed with storage that leads to the sleeping quarters.
The master suite is a generous retreat with large windows and built-in robes, offering convenient two-way access to the main bathroom, which is well-equipped with a bath, shower, and toilet.
Across the hall, a massive laundry room provides a full wall of storage and bench space with direct access to the backyard, complemented by an additional separate toilet.
Two further bedrooms are located at the end of the hallway, each featuring built-in robes and the unique addition of built-in vanities.
Ascending the carpeted stairs, which are bathed in natural light from a well-placed window, you discover the home's versatile upper level.
To the left is a bright bedroom with dual-aspect windows overlooking both the front and rear gardens.
To the right lies a truly expansive room that serves as the crown jewel of the property. Featuring a grand bay window, this space offers a breathtaking view across Mount Gambier with the Centenary Tower in the distance. Its sheer size allows it to function perfectly as a fifth bedroom, a sophisticated second lounge, or a private retreat.
Externally, the property is a haven for hobbyists and those requiring significant storage.
The grounds include a single car garage with rear yard access alongside a second garage with an attached shed. A standout feature for the home mechanic is the full-sized pit shed, accessible directly from the garage.
The grassed backyard is beautifully maintained, featuring a dedicated wood shelter and double gate access to the peaceful reserve that sits directly behind the property.
This solid Montebello Drive home offers a rare combination of space, views, and an unbeatable location.
Additional Property Information:
Age/ Built: 1990
Land Size: 769m²
Council Rates: Approx $522 per quarter
Rental Appraisal: We have conducted an updated rental appraisal for approximately $540 to $560 per week.
RLA 291953
Listing description written by Tahlia Gabrielli, Ray White Mt Gambier — reproduced as published, not verified by Districts.