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 › Coolabah St
3
Bedrooms
1
Bathrooms
4
Car spaces
874 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
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 Malseed Real EstatePaul Segneri from Malseeds is pleased to present this solid brick home being offered for sale as part of a deceased estate.
This property has 3 large bedrooms, 2 of which have built in robes. The bathroom and toilet are at the rear of the house and the passage separates the bedrooms to the living areas.
The lounge room is situated in the middle of the house and has 2 entry points.
There is a good sized kitchen with plenty of storage and a separate dining room with a reverse cycle air conditioner.
Off the dining room is a sitting room which then leads to the office which can be accessed from its own entry door.
The laundry is located at the rear of the house and leads to a mud room with access to the rear yard.
Large carport connects to the garage and one side has a roller door through to a workshop at the rear and the other side has a rumpus room or man cave. This needs a bit of work but also has a woodfired stove.
There is a good sized pergola at the rear of the house which provides a relaxing area for entertaining and a great outlook to a large garden with established trees. Behind the garage is another area which would suit your vegetable garden.
This property has so much to offer, it's close to schools and just an easy drive to the centre of town. So to make this your home, call Paul on 0407 715 173 to organise your private inspection.
Particulars:
Year Built: 1972
CT: Volume 5665 Folio 406
Land Size: Approximately 874m²
Council: City of Mount Gambier
Zoning: Residential
Council Rates: Approximately $413 p/q
Water Rates: Approximately $176 p/q
Disclaimer – The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee the accuracy of this information and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice.
RLA 115603.
Listing description written by Paul Segneri, Malseed Real Estate — reproduced as published, not verified by Districts.