Back 40 Pick Avenue
Off Market

40 Pick Avenue

Mount Gambier SA 5290

2
1
676 m²
House
Last sold for $220,000
Jason MalseedJason Malseed, last sold this property on 04 January 2026 after 30 days on market.

Overview

Renovate or Detonate - Mount Gambier's cheapest House

Jason Malseed from Malseeds Real Estate is pleased to present 40 Pick Avenue, Mount Gambier, currently one of the cheapest houses available in Mount Gambier and an outstanding opportunity on a substantial in-town allotment. Set on approximately 676 sqm, this property is not liveable in its current condition and offers exceptional scope for those ready to renovate, redesign or clear the site and rebuild entirely. It presents strong appeal for developers, builders or renovators looking to capitalise in Mount Gambier, providing the chance to transform a true blank canvas into a valuable future asset. This is an ideal opportunity to secure a well-positioned parcel on Pick Avenue and create your next project or investment in Mount Gambier. Particulars: CT: Volume 6003 / Folio 385 Land Size: approximately 676 sqm Council: City of Mount Gambier Zoning: Suburban Neighbourhood - SN Disclaimer – The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee its accuracy and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice. The purchase price is fixed and will not be adjusted once a contract has been signed. RLA 115603.

Features

2 bedrooms
1 bathroom
676 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Mount Gambier over the last 12 months, the estimated median property value of 40 Pick Avenue is $425k.

Median value
$425k
Estimated value range
$220k - $560k
Median days on market
35
Estimated value trend
15%
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 40 Pick Avenue

2026
Sold
$220,000
04 Jan 2026 by Jason Malseed, of Malseeds Real Estate

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 houses in Mount Gambier

In the last 12 months, 27 two-bedroom houses similar to 40 Pick Avenue, have been sold.

This represents a 25% increase in two-bedroom houses sales when compared to the previous 12 months.

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