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 › Bay Rd
3
Bedrooms
1
Bathrooms
0
Car spaces
1,050 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 GambierThe snapshot:
Positioned moments from the CBD and Blue Lake, 56 & 56A Bay Road presents a rare dual-title opportunity brimming with potential. The character five-bedroom home features multiple living areas, period charm, sunrooms, timber floors and flexible spaces ideal for families, professionals or investors. Currently used as an allied-health clinic, it suits a return to residential living, work-from-home headquarters or boutique accommodation. The rear 401sqm allotment invites development, extension or dual-income possibilities, offering a future-proof lifestyle in a premium Mount Gambier location.
The location:
Mount Gambier is a thriving regional city known for its stunning natural landmarks, vibrant community, and relaxed lifestyle. From the iconic Blue Lake to local schools, shops, and cafés, everything you need is close at hand. Whether you're exploring the crater lakes or enjoying the city's growing food scene, Mount Gambier offers the perfect blend of convenience and country charm.
Mount Gambier CBD - 1 min (800m)
Blue Lake - 2 min (1.2km)
Mount Gambier Hospital - 7 min (4.1km)
The home:
Discover an exceptional dual-title opportunity in one of Mount Gambier's most coveted lifestyle pockets, just moments from the CBD, Rail Trail and the iconic Blue Lake.
Comprising a charming five-bedroom home at 56 Bay Rd and a fully fenced 401sqm rear allotment at 56A Bay Rd, this versatile holding offers limitless scope for homeowners, businesses and investors.
Set behind manicured hedges, fragrant roses and a deep, shady verandah, the residence exudes character and warmth.
Breathe new life into classic period details, including polished timber floors, high ceilings, timber skirtings and original three-panel doors, blended with modern conveniences for effortless day-to-day living.
Multiple living areas provide impressive flexibility, from a formal lounge to a spacious family and dining zone and a reception-style foyer currently configured for allied health.
Five generously sized bedrooms are accompanied by sunrooms off three rooms. These light-drenched spaces are ideal as quiet reading retreats, creative studios, play spaces or additional storage.
The master enjoys an ensuite, while the main bathroom features both bath and shower facilities.
A slow-combustion wood heater and air-conditioning provide year-round comfort, while the original timber kitchen offers great storage, generous bench space and a tiled splashback.
Currently operating as a chiropractic clinic, the property is perfectly equipped for professional rooms with the current tenant open to negotiate leasing back. It could also be seamlessly returned to a welcoming family home.
It's equally ideal as a combined home-and-business base or re-imagined as boutique short-stay accommodation close to Mount Gambier's most visited attractions.
The rear title expands the potential dramatically. Maintain it as off-street parking, extend the existing home, build a brand-new residence or luxurious tourist accommodation, or create a dual-income hub by leasing one site and occupying the other (all STCA). Future-proof flexibility like this is rare.
A wide, shared, concreted driveway leads to rear parking, double carport and entry, with both blocks flat, fenced and particularly user-friendly, irrespective of whether you're planning an exciting redevelopment, a lifestyle upgrade or a strategic investment.
With Blue Lake, cafés, parks and the city centre only steps away, this is a once-in-a-generation opportunity to secure a premium address with unrivalled options for the future.
Additional Property Information:
Age/ Built: 1924
Land Size: 1050sqm
Rental Appraisal: We have conducted an updated rental appraisal for $460 - $500 per week. The property could be leased commercially (STCA), we have conducted an appraisal at $45,000 p/a.
Zoning: Established Neighbourhood Zone
RLA 291953
Listing description written by Leearna Roberts, Ray White Mt Gambier — reproduced as published, not verified by Districts.