Back 49 Lake Terrace East
Off Market

49 Lake Terrace East

Mount Gambier SA 5290

3
1
1
472 m²
House
Last sold for $492,000
Ben JeffreyBen Jeffrey, last sold this property on 18 August 2026 after 89 days on market.

Overview

Easy Living & Lakes Location

• An ideal place to call home or smart investment • Offering three double bedrooms, master & bed 2 with built in robes & ceiling fans • Cosy lounge room with polished timber flooring & r/cycle split system • Light filled kitchen/dining area – updated kitchen with electric oven & ceramic cooktop • Re-modelled bathroom – walk in shower, vanity & trendy tiling • Toilet off laundry area – upgraded wiring circuit breaker • Large North facing pergola area, enclosed courtyard with secure fencing • Off street parking – garden shed – instant gas hot water – aluminium windows • Easy care – lock up and leave home, perfectly located close to Blue Lake & City centre Further Property Information Land size: 472m2 Council: City of Mount Gambier Council Rates: $1,669.92 P/A Zoning: SN – Suburban Neighbourhood Rental Appraisal: $430 p/w Built year: 1950

Features

3 bedrooms
1 bathroom
1 carspace
1 open car space
472 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 49 Lake Terrace East is $550k.

Median value
$550k
Estimated value range
$285k - $1.04m
Median days on market
37
Estimated value trend
13%
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 49 Lake Terrace East

2026
Sold
$492,000
Private Sale/Treaty on 18 Aug 2026 by Ben Jeffrey, of Gebhardt & Associates
2021
Sold
Undisclosed
Private Sale/Treaty on 15 Jul 2021 by Kim Cawthorne, of Complete Real Estate
2020
Rented
Undisclosed
Leased on 02 Jan 2020 by Complete Real Estate

Happy sellers in Mount Gambier

93%
93% 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 16 reviews in Mount Gambier over the last 12 months.

Local market activity for 3 bedroom houses in Mount Gambier

In the last 12 months, 205 three-bedroom houses similar to 49 Lake Terrace East, have been sold.

This represents a 29% increase in three-bedroom houses sales when compared to the previous 12 months.

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