Back 8 Tumut Dr
Off Market

8 Tumut Dr

Mount Gambier SA 5290

3
1
5
House
Sarah BarneySarah Barney, last sold this property on 13 December 2023 after 84 days on market.

Overview

Wonderful investment opportunity or first home in a convenient location

Elders Mount Gambier is pleased to present 8 Tumut Drive, Mount Gambier, for sale. This is currently an investment property that achieves $290 per week, with a fixed term lease until April 2024. This updated brick and tile home is located on a spacious corner allotment with a large grassed front garden and a rear garden with shedding. The property is situated behind Princes Highway and Jubilee Highway East, close to the Umpherston Sinkhole/Balumbul and within a short drive of Mount Gambier's central shopping district. The house is accessed via a concrete portico/verandah with a side entry gate to the rear garden and a concrete driveway to the right of the garden with a carport and a rear shed ensuring ample room for accommodating vehicles, storage and workshop tools and equipment. The front entrance offers a series of steps that leads into a foyer that accesses a front-facing loungeroom to the left, and an open-plan family room/dining room and kitchen to the right. The lounge is accessed via a solid sliding door and offers dual-aspect windows with block-out blinds, carpets and pendant lighting. This spacious room can be utilised as a bedroom, lounge or rumpus making it a versatile space for a family. The family room/dining area and kitchen sit to the right of the entrance and overlook the front garden via large, timber frame windows with block-out blinds for comfort and privacy. The family room is carpeted while the kitchen has vinyl floors and solid timber cabinets above and below the worktops. The U-shaped design kitchen features a double sink overlooking the garden and offers gas cooking appliances, a pantry, and ample cupboard and worktop space. A central hallway is accessed between the dining and kitchen areas. It reveals the family bathroom and adjacent laundry room to the right and three well-proportioned bedrooms. The tiled bathroom offers a bath and a separate shower, a vanity, a large mirror and a timber frame frosted window for natural light. The toilet sits next door for privacy and convenience. The tiled laundry room is a good size and offers a wash trough and built-in storage. It accesses the carport for convenience. This is a great functional second entry to the home. Bedroom one is opposite the bathroom and laundry, while bedrooms two and three sit to the rear of the home, overlooking the garden. All rooms feature large windows with blinds, are carpeted and have pendant lighting. A rear patio offers step access to a lovely grassed garden and offers space for a barbeque, or alfresco dining area. The garden has established trees, hedges and high fencing for privacy and security. There is a rear clothesline easily accessed from the laundry room and the double garage also sits at the rear, right just behind the carport for convenience. This property is an ideal investment opportunity and has recently had some modern renovation including painting of the outside of the home & numerous updates. The convenient location makes it an attractive option for rentals with easy connections in and out of town. Contact Sarah Barney at Elders Real Estate, Mount Gambier, to learn more about this affordable entry to the market with lots of outdoor spaces, and opportunity for a project to be realised. Enquire about rental appraisal and book your viewing today. Extra Information: Council Rates / $1,600.00 per annum Block size 712m2 RLA 62833

Features

3 bedrooms
1 bathroom
5 carspaces
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 8 Tumut Dr is $531.03k.

Median value
$531.03k
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 8 Tumut Dr

2023
Sold
Undisclosed
Private Sale/Treaty on 13 Dec 2023 by Sarah Barney, of Elders Mount Gambier
2019
Sold
$145,000
23 Dec 2019 by Damian Venn, of Elders Mount Gambier

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, 241 three-bedroom houses similar to 8 Tumut Dr, have been sold.

This represents a 13% increase in three-bedroom houses sales when compared to the previous 12 months.

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