Back 179 Commercial Street
Off Market

179 Commercial Street

Mount Gambier SA 5290

3
1
2
0 m²
752 m²
House
Al LamondAl Lamond, last sold this property on 29 January 2026 after -8 days on market.

Overview

ZONED BUSINESS NEIGHBOURHOOD PLENTY OF POTENTIAL

Strong investment opportunity for someone with the courage to see its potential. Convenient well-established location with only 2 minute walking distance to Mount Gambier CBD. This home is mostly original from the time of build with various updates over the years however ready for someone to give it a refurbishment. Property is in habitable condition. Consisting of three bedrooms, separate lounge and eat in kitchen. One bathroom with shower and bath toilet accessible from bathroom plus rear porch. Heated by slow combustion wood heater plus electric cooking and hot water. Undercover enclosed veranda at rear, single stone garage with electric roller door and internal house access + single carport. Inspection recommended to appreciate true potential. Extra Information: Council Rates / $1,570.00 p/a approx SA Water Supply Charge / $82.30 p/qtr SA Water Sewer Supply Charge / $86.95 p/qtr approx Emergency Services Levy / $83.55 p/a approx Estimated Rental Return / $350-$360 p/w Build Year / 1951 Land Size / 752m2 Council / City of Mount Gambier Zoning / Business Neighbourhood 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
2 carspaces
1 carport space
1 garage space
0 m² floor area
752 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 179 Commercial 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 179 Commercial Street

2026
Sold
Undisclosed
29 Jan 2026 by Al Lamond, 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, 238 three-bedroom houses similar to 179 Commercial Street, have been sold.

This represents a 11% increase in three-bedroom houses sales when compared to the previous 12 months.

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