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Back 274 Commercial Street West
Off Market

274 Commercial Street West

Mount Gambier SA 5290

3
1
2
633 m²
House
Sarah BarneySarah Barney, last sold this property on 25 March 2026 after 72 days on market.

Overview

Modernised Home in a Prime Westside Position, Great Investment

A prime opportunity in a highly accessible West Mount Gambier location, this classic residential property presents both immediate comfort and strong investment potential. Situated within easy reach of the CBD, local schools and amenities, the home offers versatile appeal for investors and owner occupiers alike. This well-proportioned home features three bedrooms, serviced by a completely brand-new bathroom and two separate toilets - an attractive update that enhances everyday convenience and tenant appeal. The interior has been refreshed with new carpet throughout, creating a clean, contemporary feel while still offering scope for future cosmetic enhancements. Comfort is well catered for year-round, with a reverse cycle system in the lounge offering efficient heating and cooling, while a slow combustion heater adds warmth and charm during the cooler months. Internally, the layout flows with purpose, providing functional living spaces ready for modern living. Externally, a garage and adjoining carport offer secure off-street parking with flexibility for vehicles, storage or workshop use. From an investor's perspective, this property is positioned to deliver solid returns in Mount Gambier's rental market, with strong indications it could achieve around $480 per week in rental income. The combination of location updated interiors and practical outdoor facilities makes it a standout in its segment. Whether you're growing a portfolio or entering the market, 275 Commercial Street West represents a compelling blend of lifestyle, durability and future potential. Rental Appraisal $460-480 per week Built - 1947 Land size - approx 633m2 Council rates - approx $1255 per year

Features

3 bedrooms
1 bathroom
2 carspaces
633 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 274 Commercial Street West 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 274 Commercial Street West

2026
Rented
Undisclosed
Leased on 22 Apr 2026 by Ray White Mount Gambier
2026
Sold
Undisclosed
Private Sale/Treaty on 25 Mar 2026 by Sarah Barney, of Elders Mount Gambier
2016
Sold
$185,000
20 Oct 2016 by Melissa Walker

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 houses in Mount Gambier

In the last 12 months, 236 three-bedroom houses similar to 274 Commercial Street West, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Gambier

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Tahlia Gabrielli

Tahlia Gabrielli is an award winning recommended agent for Mount Gambier.  They have 83 local sales and collected 15 local reviews across the last 12 months.

  •   5   (46 reviews)
  •  15 Reviews in Mount Gambier
  •  83 Sales in Mount Gambier
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Kim Cawthorne

Sellers who recommend Kim Cawthorne have praised them for being local expert, clear communication, supportive, responsive, friendly, stress-free process and dedicated

  •   4.9   (213 reviews)
  •  15 Reviews in Mount Gambier
  •  26 Sales in Mount Gambier
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Leearna Roberts

Leearna Roberts is a recommended agent for Mount Gambier.  They have 21 local sales and collected 4 local reviews across the last 12 months.

  •   4.8   (13 reviews)
  •  4 Reviews in Mount Gambier
  •  21 Sales in Mount Gambier
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Brenton Leggett

Brenton Leggett is a recommended agent for Mount Gambier.  They have 12 local sales and collected 3 local reviews across the last 12 months.

  •   5   (5 reviews)
  •  3 Reviews in Mount Gambier
  •  12 Sales in Mount Gambier
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