Back 5 Phillip Street
Off Market

5 Phillip Street

Mount Gambier SA 5290

3
1
2
850 m²
House
Alistair CoonanAlistair Coonan, last sold this property on 25 August 2026 after 89 days on market.

Overview

Solid Investment on Corner Allotment

Solidly positioned on a sizeable corner allotment close to the Mount Gambier Hospital, UniSA and TAFE campuses along with nearby childcare and primary schooling facilities - all still only a short distance from the CBD and retail shopping at the Marketplace. 5 Phillip Street in Mount Gambier offers an outstanding blend of position and affordability and is a great opportunity to get into the market or add to an already established portfolio. With it's 1950's stone construction, this solid build is a popular choice for investors and owner occupiers alike, offering 3 well sized bedrooms all with carpet over timber flooring, curtains and privacy blinds, and the master including a ceiling fan. The main living space includes polished timber flooring with a slow combustion heater and reverse cycle air conditioning plus a ceiling fan keeping you comfortable all year round. Adjoining this space, the galley style kitchen includes free standing cooker with gas cooktop, electric oven and grill. Wet areas include a central bathroom with separate bathtub and walk in shower, as well as the convenience of a separate toilet nearby. At the rear of the home, the well-appointed laundry includes built in storage along with an adjoining mudroom/storage area leading to access to the backyard. Outside there is a gated and enclosed yard offering space for the kids to play or secure for pets, with a single car garage offering power and concrete flooring, and is adjoined by a carport for further undercover parking. Services to the property include town water, sewer and gas supply, with a water softener also installed. Currently tenanted at $410 per week, this is a great one to add to the portfolio with an already established tenant until November of 2026. Contact Alistair for more information today. Additional Property Information: Approx Property Age: 1952 Land Size: 850sqm Council Rates: $408 per quarter Water Rates: $176 per quarter Rental Appraisal: An updated rental appraisal has been conducted for approximately $420 to $440 per week. RLA - 291953

Features

3 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
850 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 5 Phillip Street 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 5 Phillip Street

2026
Sold
Undisclosed
25 Aug 2026 by Alistair Coonan, of Ray White Mount Gambier

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 17 reviews in Mount Gambier over the last 12 months.

Local market activity for 3 bedroom houses in Mount Gambier

In the last 12 months, 206 three-bedroom houses similar to 5 Phillip Street, have been sold.

This represents a 30% increase in three-bedroom houses sales when compared to the previous 12 months.

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