Back 6 Lake Terrace
Off Market

6 Lake Terrace

Mount Gambier SA 5290

3
1
2
752 m²
House
Jason MalseedJason Malseed, last sold this property on 06 November 2025 after 35 days on market.

Overview

Character, Comfort & Lifestyle in Mount Gambier's Dress Circle

Jason Malseed from Malseeds Real Estate is pleased to present 6 Lake Terrace East, an exquisite c.1900 residence that captures the very best of timeless character and contemporary refinement. Positioned within Mount Gambier's prestigious dress circle, this beautifully renovated three-bedroom home offers an exceptional lifestyle with nothing left to do but move in and enjoy. From the moment you enter, the home impresses with its soaring ceilings, polished timber floorboards and carefully preserved heritage details. A graceful balance of old and new is achieved through thoughtful renovations, creating interiors that are both inviting and sophisticated. At the heart of the home, generous living spaces flow seamlessly to the outdoors, where 4-panel doors open onto a substantial undercover entertaining area framed by established gardens, providing the ideal setting for both quiet relaxation and grand gatherings. A heated and illuminated 4-pump swim spa, complemented by a gazebo and landscaped surrounds, elevates the outdoor experience year-round. The residence continues to delight with elegant period features including three open fireplaces, a traditional dining hatch to the formal lounge, a brass door knocker and an elevated front balcony that embraces the home's heritage charm. Modern comforts have been meticulously integrated, with gas ducted heating, split system reverse-cycle air conditioning and combustion heating in the family living zone, ensuring comfort in every season. Recent upgrades showcase the home's commitment to luxury and practicality. The bathroom, renovated in 2024, is a true retreat featuring underfloor heating, an open shower, freestanding bath and heated towel rails. In 2025, the laundry was reimagined with abundant storage, a sympathetic heritage aesthetic and the convenience of a second toilet. Beyond the main dwelling, a stone outhouse provides versatility as a home gym, creative studio or office, complete with an adjoining wood storage, while a double-length carport with roller door offers secure off-street parking. Rarely does a property of this calibre come to market. Offering a perfect marriage of heritage elegance and high-end modern living, 6 Lake Terrace East presents an unrivalled opportunity to secure a residence of true distinction in one of Mount Gambier's most coveted locations. This property will be going to auction on Friday the 7th day of November at 3pm on site (unless sold prior). To arrange an inspection and to register your interest for the auction, contact Jason Malseed 0419 032 795 or sales@malseeds.com.au. Particulars: Year Built: 1900 CT: Volume 5412 Folio 425 Land Size: Approximately 752m² Council: City of Mount Gambier Zoning: Established Neighbourhood - EN Council Rates: Approximately $613 p/q 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. RLA 115603

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
752 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 6 Lake Terrace is $531.05k.

Median value
$531.05k
Estimated value range
$285k - $1m
Median days on market
33
Estimated value trend
17%
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 6 Lake Terrace

2025
Sold
Undisclosed
06 Nov 2025 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 3 bedroom houses in Mount Gambier

In the last 12 months, 240 three-bedroom houses similar to 6 Lake Terrace, have been sold.

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

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