Back 10 Wallace Street
Off Market

10 Wallace Street

Mount Gambier SA 5290

3
1
5
0 m²
2032 m²
House
Last sold for $760,000
Gail RichardsGail Richards, last sold this property on 02 July 2025 after 37 days on market.

Overview

"MYAMYN" — A CHERISHED PIECE OF HISTORY WHERE EVERY DETAIL TELLS A STORY

EXPRESSIONS OF INTEREST CLOSING TUESDAY 24TH JUNE 2025 AT 12 NOON (Unless Sold Prior) Proudly standing since 1954, Myamyn presents a rare and exciting opportunity to secure a one-owner home rich with history, character, and heart. Perfectly positioned in one of Mount Gambier's most desirable established neighbourhoods, this stone-constructed residence rests on a sprawling 2032m² allotment and is ripe for renovation or subdivision (Subject to Planning Approval). Located just a short stroll from the impressive Wulanda Recreation Centre, the lakes precinct and all the city has to offer. Lovingly maintained by the same family since its construction, Myamyn offers a glimpse into a bygone era, where little details and quality craftsmanship were paramount. Now, it's time for new memories to be made within its storied walls. Step inside and immediately feel the warmth of a home that has been cherished. Flowing from the front entrance, the home opens into an inviting lounge and dining area where soft carpet underfoot, retro light fittings, a beautiful timber mantle, and ornate art deco-inspired ceilings create a timeless sense of character, while comfort is assured year-round with a reverse cycle split system. The original kitchen, complete with electric cooking, connects to the formal dining room via a servery window, adding a touch of nostalgia to this practical space designed for family gatherings. The home offers three bedrooms, each celebrating the elegance of its era with unique art deco ceiling designs and decorative light fittings. The master bedroom is generously proportioned, while the second spacious bedroom features a built-in robe. A third bedroom, positioned at the rear of the home, offers built-in storage and flexibility, ideal for children, guests, or a study. The family bathroom is brimming with vintage appeal, featuring classic terrazzo flooring, a shower, bath and vanity. A peaceful back porch provides a wonderful vantage point to overlook the expansive backyard, perfectly complemented by a slow combustion wood fire and another reverse cycle split system ensuring year-round comfort. For the tradesperson, car enthusiast, or anyone needing serious storage and workspace, Myamyn delivers in abundance. The property includes a single stone garage, a double-length stone garage complete with power and a mechanic's pit, and a carport that also functions as a pergola, fitted with lights and a concrete floor. There's a dedicated stone workshop area, a separate woodshed, a single storage shed, and a high-clearance three-bay shed with sliding doors and lighting — all positioned to offer versatility, space, and functionality rarely found in a residential setting. Homes like Myamyn are rare — a property where the sense of history and family legacy is deeply embedded into its foundations. Whether you are looking to lovingly restore, modernise, subdivide or simply embrace the charm of days gone by, this is a property not just to be owned, but to be treasured. Create your own chapter in the beautiful story of Myamyn. Extra Information: Council Rates: $2,008.87 p/a Emergency Services Levy: $82.60 p/a SA Water Sewerage Charge: $120.64 p/qtr SA Water Supply Charge: $78.60 p/qtr Build Year: 1954 Land Size: 2032m2 Council: City of Mount Gambier Zoning: Established Neighbourhood (EN) Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is 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.

Features

3 bedrooms
1 bathroom
5 carspaces
5 garage spaces
0 m² floor area
2032 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Gambier over the last 12 months, the estimated median property value of 10 Wallace Street is $531.03k.

Median value
$531.03k
Estimated value range
$285k - $1m
Median days on market
33
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Gambier. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10 Wallace Street

2025
Rented
Undisclosed
Leased on 18 Sep 2025 by Gebhardt & Associates
2025
Sold
$760,000
Private Sale/Treaty on 02 Jul 2025 by Gail Richards, of Key 2 Sale

Happy sellers in Mount Gambier

84%
84% of sellers in Mount Gambier reported that their sale price either exceeded or met their price expectations.

Mount Gambier stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Mount Gambier over the last 12 months.

Local market activity for 3 bedroom houses in Mount Gambier

In the last 12 months, 240 three-bedroom houses similar to 10 Wallace Street, have been sold.

This represents a 13% increase in three-bedroom houses sales when compared to the previous 12 months.

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