Mount Gambier, SA 5290
Compare Part of Mount Gambier
377.37 km
Distance from Adelaide CBD
23 k
Population
Median Sale Price
House
$265K
Updated on Jun 2020
2 BR $194K | 3 BR $238K | 4 BR $321K |
Unit
$219K
Updated on Jun 2020
1 BR - | 2 BR $177K | 3 BR $255K |
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 | $249,000 | -6.4% | $107,000 | $695,000 | 198 |
Median Sale Price
$264K
Based on 380 recorded sales within the last 12 months
Updated on 16 Jul 2020
Suburb Growth
+3.4%
Current Median Price: $264,000
Previous Median Price: $255,000
Based on 770 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2020)
Price Range Segments (12 months ending Jun 2020)
Median Weekly Rent Price
House
$270
Updated on Jun 2020
2 BR $243 | 3 BR $270 | 4 BR $375 |
Unit
$200
Updated on Jun 2020
1 BR $160 | 2 BR $200 | 3 BR $260 | 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 | $285 | +3.5% | $185 | $500 | 145 |
Median Rent Price
$275
per week
Based on 306 recorded rent within the last 12 months
Updated on 16 Jul 2020
Rent Price Growth
0.0%
Current Median Rent: $275
Previous Median Rent: $275
Based on 706 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.4%
Current Median Price: $264,000
Current Median rent: $275
Based on 686 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2020)
Auction Results For Mount Gambier
Houses sold in Last 12 months ends 11 Jul 2020
$270K
Median Sale Price
100%
Clearance Rate
38/38
Sold/Reported
$400K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K | 1 | |
| less than $400 K (Median Price Range) | 7 | |
Similar Suburbs to Mount Gambier 5290
Based on median house sale price sold in last 12 months
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 |