2. SA
  3. Mount Gambier

Mount Gambier SA 5290

Houses Units

Here you can find what you need to know about Mount Gambier, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$453K Median Sale Price (National Average $485k) 410th In SA
17.36% Median Sale Price Change (1yr) (National Average 4.30%) 171st In SA
$420pw Median Rent (National Average $395) 319th In SA
4.8% Median Gross Yield (National Average 4.24%) 46th In SA
Properties sold 494
Average discounting -4.11%
Average Days on Market 55
Stock on Market 299 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Mount Gambier, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Mount Gambier, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Mount Gambier, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Mount Gambier


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Mount Gambier, SA 5290

Part of: Mount Gambier Council No data available

The size of Mount Gambier is approximately 26.8 square kilometres. It has 114 parks covering nearly 24% of total area. The population of Mount Gambier in 2011 was 24,905 people. By 2016 the population was 25,511 showing a population growth of 2.4% in the area during that time. The predominant age group in Mount Gambier is 0-9 years. Households in Mount Gambier are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Gambier work in a trades occupation. In 2011, 61.7% of the homes in Mount Gambier were owner-occupied compared with 61.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mount Gambier

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Mount Gambier   for Houses in last 12 months


There have been 494 Houses sold in Mount Gambier in the past 12 months with a median sale price of $453K, up 17.4% annually. It takes on average 40 days to sell with vendor discounting of -4.1%.

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Mount Gravatt QLD, 4122 2.63% $1,016,000 $635pw 3.2% View Suburb Profile
Devonport TAS, 7310 0.98% $465,000 $420pw 4.7% View Suburb Profile
Port Macdonnell SA, 5291 -2.08% $470,000 $413pw 4.6% View Suburb Profile
Kooralbyn QLD, 4285 10.17% $650,000 Unavailable Unavailable View Suburb Profile
Mount George NSW, 2424 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Wongaling Beach QLD, 4852 7.69% $630,000 $475pw 3.9% View Suburb Profile

Currency

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