Mount Gambier, SA 5290
Compare Part of Mount Gambier
377.37 km
Distance from Adelaide CBD
23 k
Population
Median Sale Price
House
$277K
Updated on Feb 2021
2 BR $208K | 3 BR $245K | 4 BR $353K |
Unit
$187K
Updated on Feb 2021
1 BR - | 2 BR $167K | 3 BR $239K |
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 | $275,000 | +3.6% | $105,000 | $745,000 | 426 |
| 2021 | $281,750 | +2.4% | $135,000 | $569,000 | 161 |
Median Sale Price
$285K
Based on 468 recorded sales within the last 12 months
Updated on 23 Apr 2021
Suburb Growth
+8.8%
Current Median Price: $285,000
Previous Median Price: $260,000
Based on 857 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$290
Updated on Mar 2021
2 BR $250 | 3 BR $285 | 4 BR $388 |
Unit
$215
Updated on Mar 2021
1 BR $160 | 2 BR $205 | 3 BR $265 | 4 BR $160 |
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 | 366 |
| 2019 | $275 | 0.0% | $130 | $550 | 388 |
| 2020 | $290 | +5.2% | $130 | $550 | 288 |
| 2021 | $300 | +3.3% | $185 | $560 | 69 |
Median Rent Price
$300
per week
Based on 246 recorded rent within the last 12 months
Updated on 23 Apr 2021
Rent Price Growth
+8.3%
Current Median Rent: $300
Previous Median Rent: $275
Based on 615 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.5%
Current Median Price: $285,000
Current Median rent: $300
Based on 714 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)
Auction Results For Mount Gambier
Houses sold in Last 12 months ends 17 Apr 2021
$247K
Median Sale Price
100%
Clearance Rate
14/14
Sold/Reported
$345K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| less than $400 K (Median Price Range) | 3 | |
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 |