Mount Gambier, SA 5290

Mount Gambier, SA 5290

Compare Part of Mount Gambier

377.37 km
Distance from 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