5 Coombe Street

Nangwarry SA 5277

839.22 m²

House

Karyn Prelc, last sold this property on 31 May 2026 after 32 days on market.

Overview

Affordable Renovation Opportunity in Nangwarry, SA - Limestone Coast

Nestled within the peaceful township of Nangwarry, 5 Coombe Street presents an affordable opportunity packed with potential for buyers ready to roll up their sleeves and create something special. Offered with a price guide of $230,000, this property is ideal for first home buyers, renovators, investors, or those seeking an affordable regional lifestyle with space to grow. The home offers three bedrooms, one bathroom, a separate toilet, and a rear laundry, providing a functional layout ready for renovation and improvement. Whether you choose to move in and renovate over time or secure the property as an investment project, there is enormous scope here to add value and make the property your own. Rich in forestry history and surrounded by natural beauty, Nangwarry is a quiet and welcoming community perfectly positioned between Penola and Mount Gambier, offering convenient access to larger town services while maintaining a relaxed country atmosphere. The township is home to a well cared for forestry museum and community centre that celebrate the area's proud history, along with a local primary school and school bus services to secondary schooling in Penola. Residents also enjoy the convenience of a local GP service operating on Wednesdays, together with a popular local roadhouse and takeaway that remains a valued hub for the community. Features include: • Affordable renovation opportunity with excellent potential to add value • Rear laundry • Functional layout ready for improvement and renovation • Positioned within the Township zoning • Minimum site area requirement of 900sqm • Hazards Bushfire High Risk Overlay applies • Flooding Evidence Required Overlay applies • Native Vegetation Overlay applies • Water Protection Area Overlay applies • Convenient location between Penola and Mount Gambier • Quiet regional lifestyle with strong community spirit • Close to local primary school and bus services to high school in Penola • Nearby GP service available on Wednesdays • Popular local roadhouse and takeaway nearby • SAPPA report available This property will conduct an online marketing campaign for 14 days. This campaign will end on Wednesday May 13th 2026. All offers and conditions will then be presented to the vendors for their consideration and final decision. Additional Property Information: Land Size: 839m2 Rental Appraisal: A rental appraisal has been conducted for approximately $310 to $330 per week. RLA - 291953

Features

3 bedrooms

1 bathroom

2 carspaces

2 open car spaces

839.22 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Nangwarry over the last 12 months, the estimated median property value of 5 Coombe Street is $312.5k.

Median value

$312.5k

Estimated value range

$151k - $445k

Median days on market

Estimated value trend

12%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Nangwarry. 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 Coombe Street

2026

Sold

Undisclosed

31 May 2026 by Karyn Prelc, of Ray White Mount Gambier

Happy sellers in Nangwarry

We have insufficient information to provide an overview of customer satisfaction for Nangwarry. Viewing the agent profiles, reviews and sales for Nangwarry can provide insights for this location.