Back 5/4 Underwood Avenue
Off Market

5/4 Underwood Avenue

Mount Gambier SA 5290

2
1
1
281 m²
Apartment
Last sold for $449,000
Ben RansomBen Ransom, last sold this property on 05 June 2026 after -25 days on market.

Overview

TIMELESS COLONIAL CHARM

Step into this charming brick-and-tile homette, beautifully crafted in 1992 and showcasing timeless Colonial-style appeal. Nestled within the highly sought-after "Chelsea Cottages" community, this immaculate residence is one of only ten homettes, surrounded by peaceful cottage gardens and a warm, welcoming atmosphere. Inside, the home offers two generously sized bedrooms, with the main bedroom featuring built-in robes and a ceiling fan. A central hallway connects the bedrooms to the well-appointed bathroom, complete with separate bath and shower facilities, along with a separate toilet for added convenience. The light-filled open plan living area combines comfort and practicality, featuring a carpeted lounge with a gas wall furnace and an 8kW reverse cycle split system air conditioner. Thoughtfully positioned opposite the bedroom hallway, the system efficiently distributes heating and cooling throughout the home. The adjoining dining and kitchen area boasts tiled flooring, quality timber cabinetry, ample storage, a dishwasher, electric stove/oven, and microwave. Cleverly designed, the kitchen offers both style and functionality. Adding to the home's appeal is the secure single garage with remote-controlled roller door and convenient internal access, providing comfort and security in all weather conditions. The property is fully connected with NBN, phone, gas, and water services, all functioning seamlessly. Outside, the rear yard offers a low-maintenance lawn and garden setting, with lawns professionally maintained fortnightly by the body corporate gardener. A unique feature exclusive to this homette is the undercover pergola, creating the perfect space for outdoor relaxation or entertaining. Throughout, the property has been maintained to an exceptional standard. Perfectly positioned well back from the corner of Underwood Avenue and Suttontown Road, the home enjoys its own street frontage with uninterrupted views across the adjacent nature reserve parkland, along with views of the iconic Centenary Tower from the main bedroom. Boasting the largest land allocation in the group and being completely standalone, this exceptional Chelsea Cottage offers the feel and privacy of an independent home rather than a group dwelling truly making it the pick of the bunch. Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Features

2 bedrooms
1 bathroom
1 carspace
281 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Mount Gambier over the last 12 months, the estimated median property value of 5/4 Underwood Avenue is $415k.

Median value
$415k
Estimated value range
$239k - $515.55k
Median days on market
20
Estimated value trend
21%
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 5/4 Underwood Avenue

2026
Rented
Undisclosed
Leased on 26 Jun 2026 by Ray White Mount Gambier
2026
Sold
$449,000
Private Sale/Treaty on 05 Jun 2026 by Ben Ransom, of Key 2 Sale
2024
Rented
Undisclosed
Leased on 19 Sep 2024 by Gambier Real Estate

Happy sellers in Mount Gambier

92%
92% 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 21 reviews in Mount Gambier over the last 12 months.

Local market activity for 2 bedroom apartments in Mount Gambier

In the last 12 months, 20 two-bedroom apartments similar to 5/4 Underwood Avenue, have been sold.

This represents a 90% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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