Back 2/23 Elizabeth Street
Off Market

2/23 Elizabeth Street

Mount Gambier SA 5290

3
1
1
133 m²
Apartment
Last sold for $335,000
Macey HumphriesMacey Humphries, last sold this property on 11 November 2025 after 7 days on market.

Overview

Right Where You Want to Be In the Heart of Mount Gambier!

Macey Humphries from Elders Real Estate is pleased to present 2/23 Elizabeth Street, Mount Gambier, to the sales market. An attractive unit in the heart of Mount Gambier offering a low-maintenance lifestyle. - Situated only a short walk from the bustling main street, this property is the perfect choice for first home buyers, retirees, or investors looking to secure a prime central location. - Step inside to discover a spacious and light-filled loungeroom with carpet, flowing seamlessly into the kitchen. The home is kept comfortable year-round with a reverse cycle air conditioner and a gas heater. - The kitchen is solid and functional, complete with a freestanding electric oven and cooktop, sink, and ample bench and cupboard space. - All three bedrooms are generously sized, carpeted, and fitted with built-in robes. The bathroom is modern and well-appointed, featuring a shower, vanity with storage, a large mirror, and the convenience of a separate toilet. - From the laundry, step outside to the private rear courtyard with a clothesline and plenty of room to enjoy the afternoon sunshine. Parking is provided by a single undercover carport, along with the added benefit of an adjoining storage room. With its spacious layout, central position, and low-maintenance design, 2/23 Elizabeth Street offers comfort, convenience, and a lifestyle you'll love. Contact Macey Humphries at Elders Real Estate today to arrange your inspection. RLA 62833 Additional property features: Land size: Approximately 133m2 Property Built: Approximately 1978. Council Rates: Approximately $403 per quarter. Strata Rates - Admin + Sinking Fund Contributions: Approximately $512 per quarter. Council Zoning: City of Mount Gambier. Current Rental Appraisal: The property is currently in a fixed term tenancy until 11.04.2026 at $270 per week. An up-to-date market appraisal has been completed of $340 - $360 per week.

Features

3 bedrooms
1 bathroom
1 carspace
133 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Mount Gambier over the last 12 months, the estimated median property value of 2/23 Elizabeth Street is $419.5k.

Median value
$419.5k
Estimated value range
$335k - $574k
Median days on market
29
Estimated value trend
-17%
decrease 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 2/23 Elizabeth Street

2025
Sold
$335,000
Private Sale/Treaty on 11 Nov 2025 by Macey Humphries, of Elders Mount Gambier
2022
Sold
Undisclosed
Private Sale/Treaty on 09 Mar 2022 by Malcolm Lewis, of Elders Mount Gambier

Happy sellers in Mount Gambier

85%
85% 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 29 reviews in Mount Gambier over the last 12 months.

Local market activity for 3 bedroom apartments in Mount Gambier

In the last 12 months, 10 three-bedroom apartments similar to 2/23 Elizabeth Street, have been sold.

This represents a 150% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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