Mount Gambier, SA 5290

Mount Gambier, SA 5290

Compare Part of Mount Gambier

377.37 km
Distance from CBD
23 k
Population

Auction Times

Fri 6 Mar
Auction Time Agency
13 Rook Road
3 1 2 House
12:30 PM
Fri 6th Mar
Malseeds Real Estate
Median Sale Price
House
$265K
Updated on Jan 2020
2 BR
$195K
3 BR
$236K
4 BR
$323K
Unit
$205K
Updated on Jan 2020
1 BR
-
2 BR
$158K
3 BR
$272K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$229,000
0.0% $55,000 $615,000 296
2010
$244,000
+6.1% $105,000 $600,000 282
2011
$247,500
+1.4% $6,730 $540,000 286
2012
$230,000
-7.6% $60,000 $970,000 305
2013
$227,500
-1.1% $55,000 $810,000 400
2014
$235,500
+3.4% $58,500 $600,000 398
2015
$243,700
+3.4% $68,000 $650,000 354
2016
$250,000
+2.5% $2,100 $930,000 420
2017
$255,000
+2.0% $24,000 $775,000 421
2018
$250,000
-2.0% $90,000 $865,000 385
2019
$265,000
+5.7% $95,000 $630,000 389
2020
$299,000
+11.4% $125,000 $450,500 55
Median Sale Price
$265K
Based on 388 recorded sales within the last 12 months
Updated on 26 Feb 2020
Suburb Growth
+5.7%
Current Median Price: $265,000
Previous Median Price: $250,000
Based on 773 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$270
Updated on Jan 2020
2 BR
$228
3 BR
$268
4 BR
$360
Unit
$200
Updated on Jan 2020
1 BR
$160
2 BR
$195
3 BR
$255
4 BR
$340
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$240
0.0% $115 $450 171
2012
$240
0.0% $115 $580 307
2013
$240
0.0% $115 $550 497
2014
$250
+4.0% $90 $550 372
2015
$255
+2.0% $110 $600 631
2016
$270
+5.6% $117 $2,235 509
2017
$270
0.0% $140 $1,660 424
2018
$275
+1.8% $120 $750 365
2019
$275
0.0% $130 $550 386
2020
$280
+1.8% $185 $440 25
Median Rent Price
$274
per week
Based on 334 recorded rent within the last 12 months
Updated on 26 Feb 2020
Rent Price Growth
-0.4%
Current Median Rent: $274
Previous Median Rent: $275
Based on 714 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.4%
Current Median Price: $265,000
Current Median rent: $274
Based on 722 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Mount Gambier

Houses sold in Last 12 months ends 22 Feb 2020

$295K

Median Sale Price

100%

Clearance Rate

111/111

Sold/Reported

$600K

Highest Sale Price

Sold Price Range No. of Sold Properties
$600 K - $800 K 1
$400 K - $600 K 1
less than $400 K
(Median Price Range)
24

Schools closest to Mount Gambier, SA 5290

School name Address Type Sector Distance
Reidy Park Primary School O'HALLORAN TERRACEMount Gambier 5290 Primary Government 0.69 km
Mount Gambier North Primary School HEATH STREETMount Gambier 5290 Primary Government 0.69 km
Mount Gambier High School BROWNES ROADMount Gambier 5290 Secondary Government 0.87 km
McDonald Park School NORTH TERRACEMount Gambier 5290 Primary Government 1.6 km
Melaleuca Park Primary School BOANDIK TERRACEMount Gambier 5290 Primary Government 1.77 km
Mulga Street Primary School MULGA STREETMount Gambier 5290 Primary Government 2.17 km
Grant High School HOSKING AVENUEMount Gambier 5290 Secondary Government 2.59 km