Back 2/5 Ellard Street
Off Market

2/5 Ellard Street

Mount Gambier SA 5290

2
1
1
90 m²
317 m²
Apartment
Last sold for $340,500
Bianca TaylorBianca Taylor, last sold this property on 22 May 2025 after 42 days on market.

Overview

Highest, Best & Final Offer by 4pm Wed 16th April 2025

** Due to strong interest & a number of offers being negotiated, we now ask for all Highest, Best & Final Offers to be presented by 4pm Wednesday 16th April 2025** Set in a great location, this well-established unit offers a comfortable and practical living space. The layout is thoughtfully designed, featuring elements that create a functional and inviting environment, all within easy reach of all amenities. Step inside to discover an open-plan living area designed for maximum functionality and space. The light-filled lounge and dining areas are complemented by sleek vinyl plank flooring, giving the space a contemporary edge, while the brand-new carpet creates a cosy and inviting atmosphere. Reverse cycle air conditioning ensures comfort throughout the seasons, maintaining a pleasant temperature all year round. The kitchen is well-equipped, complete with a double sink, corner walk-in pantry and electric cookingideal for preparing everything from everyday meals to special occasions. Both bedrooms are generously sized and feature new carpet, with the one offering a floor to ceiling built-in robe for storage. The bathroom is designed for comfort, featuring a vanity, bath, and a walk-in shower. The separate toilet offers extra convenience, making it ideal for added privacy and functionality. For your vehicle, there's a single garage under the main roof with internal access, offering seamless entry to your home. Plus, enjoy the added benefit of direct access to the yard, providing a perfect space for pets and children enjoying the outdoors. The location outside the home is just as inviting. Right next door brings you to a playground and reservethe ideal spot for fresh air and a change of scenery. When it's time to run errands, you'll be just a short walk from the Post Office, a local deli, gyms, schools, and Malseeds Park for football, soccer, netball, cricket & gymnastics. For pet lovers, Petbarn is nearby, while BCF and Supercheap Auto are also within easy reach for all your outdoor adventure and DIY needs. This property offers more than just a comfortable and affordable living space; a great investment opportunity, with a rental appraisal of $320 to $340 per week. Additionally, it's an excellent choice for first-time homebuyers eager to take their first step into the property market or downsizers, offering both affordability and potential for future growth. This property ticks all the boxes. Don't miss out on this fantastic opportunityit could be the one you've been waiting for! Additional Information: Land Size: Approx 317m2 Building Size: Approx 90m2 Council Rates: Approx $1616 per annum Emergency Services Levy: $90 per annum Water / Sewerage Rates: Approx Age of Building: Approx 1993 Rental Appraisal: $320.00 - $340.00 per week

Features

2 bedrooms
1 bathroom
1 carspace
90 m² floor area
317 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Mount Gambier over the last 12 months, the estimated median property value of 2/5 Ellard Street is $407.5k.

Median value
$407.5k
Estimated value range
$300k - $515.55k
Median days on market
12
Estimated value trend
45%
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 2/5 Ellard Street

2025
Sold
$340,500
Private Sale/Treaty on 22 May 2025 by Bianca Taylor, of The Property Co. SA

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 2 bedroom apartments in Mount Gambier

In the last 12 months, 13 two-bedroom apartments similar to 2/5 Ellard Street, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

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