Mount Gambier, SA 5290
Compare Part of Mount Gambier
377.37 km
Distance from Adelaide CBD
23 k
Population
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
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 | $243,500 | +6.0% | $105,000 | $600,000 | 282 |
| 2011 | $247,500 | +1.6% | $6,730 | $540,000 | 286 |
| 2012 | $230,000 | -7.6% | $60,000 | $970,000 | 305 |
| 2013 | $229,000 | -0.4% | $55,000 | $810,000 | 400 |
| 2014 | $235,500 | +2.8% | $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 | 390 |
| 2020 | $269,000 | +1.5% | $75,000 | $800,000 | 453 |
| 2021 | $300,000 | +10.3% | $90,000 | $800,000 | 546 |
| 2022 | $380,000 | +21.1% | $80,000 | $1,400,000 | 455 |
| 2023 | $420,000 | +9.5% | $166,000 | $953,000 | 404 |
| 2024 | $471,500 | +10.9% | $159,000 | $980,000 | 404 |
| 2025 | $510,000 | +7.5% | $395,000 | $665,000 | 16 |
Median Sale Price
$475K
Based on 402 recorded sales within the last 12 months
Updated on 28 Jan 2025
Suburb Growth
+10.5%
Current Median Price: $475,000
Previous Median Price: $425,000
Based on 795 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $240 | 0.0% | $115 | $450 | 172 |
| 2012 | $240 | 0.0% | $115 | $580 | 308 |
| 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 | $280 | +3.6% | $120 | $750 | 367 |
| 2019 | $275 | -1.8% | $130 | $550 | 388 |
| 2020 | $290 | +5.2% | $130 | $550 | 294 |
| 2021 | $330 | +12.1% | $150 | $600 | 266 |
| 2022 | $360 | +8.3% | $170 | $750 | 343 |
| 2023 | $400 | +10.0% | $170 | $700 | 402 |
| 2024 | $440 | +9.1% | $210 | $975 | 453 |
| 2025 | - | - | - | - | - |
Median Rent Price
$440
per week
Based on 413 recorded rent within the last 12 months
Updated on 28 Jan 2025
Rent Price Growth
+9.1%
Current Median Rent: $440
Previous Median Rent: $400
Based on 824 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.8%
Current Median Price: $475,000
Current Median rent: $440
Based on 815 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
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 |