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15/2A Coolabah Street, Mount Gambier$459,000
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15/2A Coolabah Street

Mount Gambier, SA 5290, Australia
$459,000
2 bed 1 bath 1 car339 m²

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About this property

Positioned in a quiet, well-maintained cul-de-sac, this solid and thoughtfully designed unit offers a low-maintenance lifestyle in one of Mount Gambier's most sought-after pockets. Current rental amount is $360 per week but market appraisal amount is $370-$400 per week. Has been rented to a government organisation since 2020. Set within a secure and modern setting, the home delivers immediate comfort with a functional floorplan that makes everyday living easy. The open plan kitchen and dining area flows seamlessly into the living space, creating a central hub for both relaxation and entertaining. The kitchen is well-equipped with ample storage and bench space, while reverse cycle heating ensures year-round comfort. Accommodation includes two well-proportioned bedrooms, both offering good natural light and built-in storage. The centrally located bathroom is neat and practical, servicing the home with ease. Stepping outside, an undercover paved patio provides the perfect space for weekend BBQs or quiet outdoor enjoyment. The property also features a secure garage under the main roof with remote access, adding convenience and peace of mind. Ideal for downsizers, investors or those seeking a lock-and-leave lifestyle, this property combines quality construction, a smart layout and location locals genuinely love. Key Features: Two spacious bedrooms with built-in storage Central bathroom with practical layout Open plan kitchen, dining and living area Reverse cycle heating for year-round comfort Undercover outdoor entertaining area Secure garage UMR with remote access Quiet cul-de-sac in a highly regarded location A strong opportunity in a tightly held area, offering comfort, convenience and long-term appeal. Built - 2013 Block Size - 339m2 Rent amount - $360 per week

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
339 m²
Listed
2 months ago

Repayment calculator

$2,225/month
$1,113 /fortnight
Loan $367,200 at 6.10% over 30 years

Upfront costs

Deposit$91,800
Stamp duty$19,280
Conveyancing (est.)$2,000
Total upfront$113,080
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mount Gambier

This 2-bedroom apartment in Mount Gambier, SA 5290 sits within reach of public transport, local shops and nearby schools. It is listed 19% below the $569,000 median of 61 comparable apartmentswithin 5 km.

Schools near Mount Gambier

  • Gordon Education Centrecombined · U · CoEd
  • St Martins Lutheran Collegecombined · R-12 · CoEd
  • Tenison Woods Collegecombined · R-12 · CoEd
  • McDonald Park Schoolprimary · U, R-6 · CoEd
  • Melaleuca Park Primary Schoolprimary · U, R-6 · CoEd
  • Mount Gambier North Primary Schoolprimary · U, R-6 · CoEd

What's nearby

  • Unnamed (bus)1.2 km away
  • Peter Rogers auto repair945 m away
  • Unnamed331 m away
  • Unnamed440 m away
  • Unnamed462 m away

Mount Gambier at a glance

Full suburb profile
Population
25,591
Median age
41
Household income
$1,197/wk
Median rent
$220/wk
Median mortgage
$1,083/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mount Gambier price trend

Median sold · Unit 2 bed

Compound growth +19.1% / yr over 4 yrs

$422kcurrent median

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