Back 20 Lake Terrace East
Off Market

20 Lake Terrace East

Mount Gambier SA 5290

5
2
3
1150 m²
House
Last sold for $950,000
Paul ChuckPaul Chuck, last sold this property on 28 January 2026 after 40 days on market.

Overview

1890's Character home in Lakes Location

• Simply stunning return verandah villa situated in the heart of Mount Gambier • 3 King size bedrooms in the main home • Ornate formal lounge with open fireplace • Stunning central hallway with leadlight and polished timber floorboards throughout • Light filled formal dining room plus study/second living area • Casual meals area in the kitchen with 900ml gas cooktop, electric wall oven, ASKO dishwasher and walk in pantry • Underfloor gas ducted heating throughout • Semi separate 2 bedroom fully self-contained area with kitchen, lounge, bathroom and office • Gorgeous gardens front and rear • 19 Solar panels with 2 batteries • A chance for the new owner to add their personal flair Further Property Information Land size: 1,150M2 approx. Council rates: $2,762.55 per annum Zoning: EN HISTORICAL (MTG1) Build year: 1890

Features

5 bedrooms
2 bathrooms
3 carspaces
1 carport space
2 open car spaces
1150 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Mount Gambier over the last 12 months, the estimated median property value of 20 Lake Terrace East is $640k.

Median value
$640k
Estimated value range
$420k - $1.1m
Median days on market
39
Estimated value trend
2%
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 20 Lake Terrace East

2026
Rented
Undisclosed
Leased on 14 May 2026 by Gebhardt & Associates
2026
Sold
$950,000
Private Sale/Treaty on 28 Jan 2026 by Paul Chuck, of Gebhardt & Associates

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 5 bedroom houses in Mount Gambier

In the last 12 months, 17 five-bedroom houses similar to 20 Lake Terrace East, have been sold.

This represents a 16% increase in five-bedroom houses sales when compared to the previous 12 months.

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