Back 31 Peake Street
Off Market

31 Peake Street

Mount Gambier SA 5290

3
2
1
150 m²
635 m²
House
Last sold for $499,000
Bianca TaylorBianca Taylor, last sold this property on 15 April 2026 after 27 days on market.

Overview

Highest, Best & Final Offers by 4pm (SA Time), Wednesday 25th March 2026

** Due to strong interest & a number of offers being negotiated, we now ask for all Highest, Best & Final Offers to be presented by 4pm (SA Time), Wednesday 25th March 2026** Positioned in a quiet residential pocket, 31 Peake Street, Mount Gambier offers comfortable living with recent updates and excellent potential for those looking to add their own touches. Recently painted internally, the home presents a fresh and welcoming feel while still offering scope for further improvements. Stepping through the front door, you are welcomed directly into the main lounge room, featuring new carpet, modern blinds, and downlights, creating a warm and inviting space to relax. Flowing from the lounge is the dining area, complete with durable vinyl plank flooring and day/night blinds, providing a practical setting for everyday meals. The adjoining kitchen is functional and well laid out, equipped with an electric oven, rangehood, and single sink, offering the essentials for convenient meal preparation. Towards the rear of the home, a second living or entertaining area provides valuable additional space for the household. This light-filled area features a skylight, along with a wood fire, reverse-cycle unit, and ceiling fan, ensuring comfort throughout the seasons and making it an ideal space for relaxing or entertaining guests. The laundry offers built-in storage, adding to the home's practicality. The master bedroom includes original carpet, a walk-in robe (currently without flooring), and a private ensuite fitted with a shower, vanity, and toilet. The room also includes blinds, curtains, and a ceiling fan, though it offers an opportunity for some updating to further enhance the space. Bedroom two has been refreshed with updated carpet and includes blinds and curtains, providing a comfortable and ready-to-use bedroom. The main bathroom, while original, remains functional and features a vanity, bath, and walk-in shower, with the convenience of a separate toilet nearby. Bedroom three includes original carpet, built-in robes without doors, and day/night blinds, and would benefit from some renovation or updating, offering buyers the chance to improve and add value. Outside, the home features a paved pergola area, perfect for outdoor entertaining. The pergola has an updated roof with flat laserlight, allowing natural light while still providing shelter. The low-maintenance backyard provides a blank canvas for landscaping or further outdoor improvements. A single garage offers secure parking with drive-through access to the rear yard, and two garden sheds positioned at the back of the property provide additional storage space. With fresh internal paint, flexible living areas, and scope to update key spaces to suit your style, 31 Peake Street presents an excellent opportunity for first home buyers, investors, or renovators looking to add value in a well-established location. Additional Information: Land Size: Approx 431m2 Building Size: Approx 150m2 Council Rates: Approx $430 per quarter Emergency Services Levy: Approx $92 per annum Water / Sewerage Rates: Approx $176 per quarter Age of Building: Approx 1988 Rental Appraisal: $440 - $460 Per Week

Features

3 bedrooms
2 bathrooms
1 carspace
150 m² floor area
635 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 31 Peake Street is $531.05k.

Median value
$531.05k
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 31 Peake Street

2026
Sold
$499,000
Private Sale/Treaty on 15 Apr 2026 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 3 bedroom houses in Mount Gambier

In the last 12 months, 240 three-bedroom houses similar to 31 Peake Street, have been sold.

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

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