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3/172 Commercial Street East, Mount Gambier, SA 5290

3/172 Commercial Street East, Mount Gambier, SA 5290

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For sale

$290,000

3/172 Commercial Street East, Mount Gambier, SA 5290

2

1

1

130m²

64m²

unit - unit

Map of 3/172 Commercial Street East, Mount Gambier, SA 5290, Mount Gambier, South Australia

Property Description

Listed on 30 June 2026

This solid two-bedroom brick unit offers exceptional opportunity for investors, downsizers, or first-home buyers seeking low-maintenance living in a highly convenient Mount Gambier location. Step inside to find two generously sized bedrooms, one fitted with a built-in robe to maximise storage and comfort. The open-plan kitchen and lounge create a welcoming central living space, featuring an electric cooktop and oven, ample cabinetry, and a practical layout ideal for everyday living. A well-appointed main bathroom includes a shower, toilet, and a functional design, ensuring ease of use and low upkeep. Direct external access leads to the single garage, complete with a roller door for secure parking and added peace of mind. Outdoors, the securely fenced rear yard provides privacy and versatility - perfect for an outdoor seating, or a touch of gardening. The tidy courtyard and low-maintenance gardens further enhance the appeal for those seeking effortless living. Positioned just moments from local shopping facilities and a short stroll to Mount Gambier's main street, cafes, and essential services, this property delivers both lifestyle and convenience. Currently tenanted at $540 per fortnight, this property is an ideal investment opportunity. Additional Information: Allotment size: Approx 130m2 Building Size: Approx 88m2 Council Rates: Approx $1,100 per annum Strata Corporation Rates: $320 per quarter SA Water Supply Charge: $82.30 per quarter SA Water Sewerage Charge: $94.00 per quarter Emergency Services Levy: $72.10 per annum Rental Appraisal: This property is currently tenanted at $540 per fortnight until 13/04/2027 Disclaimer: All information provided has been obtained from sources we believe to be accurate, and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Estimated value

Based on comparable sales, past sales and available property data

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Listed for sale
Jun 2026

$290,000

Rental
Mar 2025

$270 PER WEEK

Rental
Feb 2022

$200 WEEKLY

Sold
Nov 2021

$164,000

Sold
Aug 2011

$127,000

Median unit price trends

Comparing the price trend of units in Mount Gambier against the state of South Australia over the last 4 years. Source: CoreLogic

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

40 Days

House median days on market

32 Days

Unit median days on market

588 Properties

Sold in last 12 months

101 Properties

Available in the last month

Mount Gambier residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Renters

Most common occupant type

Singles

Most common household profile

Community and Personal Service Workers

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

McDonald Park School

K - Yr 6

Government

Melaleuca Park Primary School

K - Yr 6

Government

Mount Gambier North Primary School

K - Yr 6

Government

Mulga Street Primary School

K - Yr 6

Government

OneSchool Global SA - Mount Gambier Campus

K - Yr 12

Reidy Park Primary School

K - Yr 6

Government

St Martins Lutheran College

K - Yr 12

Independent

Tenison Woods College

K - Yr 12

Catholic

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Mount Gambier

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Mount Gambier

View the council data

South Australia

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Median House: $893,586

Median Unit: $583,931

Median House: $822,577

Median Unit: $620,414

Median House: $845,565

Median Unit: $776,405

Median House: $842,249

Median Unit: $702,716

Median House: $819,037

Median Unit: $521,708

Median House: $787,062

Median Unit: $768,847

Median House: $854,131

Median Unit: N/A

Frequently asked questions

3/172 Commercial Street East is a Unit built in 1977 in Mount Gambier, South Australia. Review photos and floor plans for more detail on the construction and condition of the property.

The property at 3/172 Commercial Street East includes 2 bedrooms, 1 bathroom and parking for 1 car.

3/172 Commercial Street East in Mount Gambier has a land size of approximately 130 square metres and an internal floor area of around 64 square metres.

3/172 Commercial Street East in Mount Gambier, South Australia, is close to local schools such as McDonald Park School, Melaleuca Park Primary School, Mount Gambier North Primary School, Mulga Street Primary School, OneSchool Global SA - Mount Gambier Campus, Reidy Park Primary School, St Martins Lutheran College, Tenison Woods College, Grant High School, Mount Gambier High School, OneSchool Global SA - Mount Gambier Campus, St Martins Lutheran College and Tenison Woods College

As of 6/1/2026, the property at 3/172 Commercial Street East is not available in our data at this time.

Contact the agent

Brenton Leggett

SAL Real Estate Mt Gambier

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