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 › Spehr St
$625,000
Last sold
15 Apr 2026
3
Bedrooms
1
Bathrooms
7
Car spaces
776 m²
Land
140 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
$625,000
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
+6.7%
Median sale
Suburb $586,000
-0.24 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 11am (SA Time), Thursday 26th March 2026**
Renovations completed in September 2024, this beautifully renovated home at 5 Spehr Street, Mount Gambier presents a perfect blend of modern comfort and timeless character. Thoughtfully updated throughout, the property offers an inviting layout suited to a wide range of buyers, from first home owners to investors and downsizers seeking a low-maintenance lifestyle.
Upon entering the home, you are welcomed into a fresh and stylish interior where every detail has been carefully considered. The master bedroom provides a comfortable and private retreat, featuring soft carpet underfoot, a ceiling fan for year-round comfort, elegant ceiling-height sheer curtains paired with blinds, and a built-in robe offering practical storage.
A small linen press is conveniently positioned in the hallway, providing additional storage for everyday essentials. The centrally located bathroom is both functional and modern, complete with a vanity, walk-in shower, bath, and toilet.
Bedrooms two and three continue the home's cohesive style, each offering carpeted flooring, built-in robes, and blinds, creating comfortable spaces for family members, guests, or even a home office.
At the heart of the home lies the open-plan kitchen and dining area, designed for both practicality and entertaining. The kitchen showcases a stylish island bench with a double sink and striking brass tapware, complemented by electric cooking appliances, a dishwasher, and durable vinyl plank flooring. A generous walk-in pantry, complete with a charming barn door, adds both functionality and character to the space.
The dining area captures a sense of warmth and personality, highlighted by an old-style wood fire feature that creates a cosy atmosphere during the cooler months. Floor-to-ceiling sheer curtains allow natural light to fill the space while maintaining a soft and elegant aesthetic. This area flows seamlessly through to the lounge, creating an easy and comfortable living environment.
The laundry is well-appointed and practical, featuring ample storage, a trough, bench space, and brass tapware, continuing the home's consistent design finishes.
Stepping outside, the paved pergola area offers the perfect setting for entertaining family and friends. With a flat roof design and a low-maintenance backyard, the outdoor space allows you to enjoy relaxed living without the burden of extensive upkeep.
The property also provides excellent vehicle accommodation and storage. On the left side of the home sits a carport alongside an older galvanised shed, ideal for additional storage or workshop use. On the opposite side, a recently completed colourbond shed has been constructed, complete with concrete flooring, power, lighting, and even a toilet, providing an incredibly versatile space for hobbies, projects, or further storage.
Offering modern updates, functional living spaces, and impressive shedding, this beautifully renovated property delivers exceptional value and lifestyle appeal. Whether you are entering the property market, looking to downsize, or seeking a solid investment opportunity, 5 Spehr Street is a home that truly ticks the boxes.
Additional Information:
Land Size: Approx 776m2
Building Size: Approx 140m2
Council Rates: Approx Approx $443 per quarter
Emergency Services Levy: Approx $87 per annum
Water / Sewerage Rates: Approx $176 per quarter
Age of Building: Approx 1963
Rental Appraisal: $480 - $500 Per Week
Listing description written by Bianca Taylor, The Property Co SA — reproduced as published, not verified by Districts.