18/69 Bay Road, Mount Gambier$399,000
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For Saleapartment

18/69 Bay Road

Mount Gambier, SA 5290, Australia
$399,000
2 bed 1 bath 1 car161 m²

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About this property

Perfectly positioned in one of Mount Gambier's most desirable locations, this neat and well-maintained two-bedroom unit presents an excellent opportunity for first home buyers, downsizers and savvy investors. Offering comfortable living with plenty of potential to modernise over time, this property combines affordability with an exceptional location close to schools, shopping, medical facilities, parklands and the CBD. Inside, the home has been lovingly maintained and retains its original character throughout. Both generously sized bedrooms are carpeted and feature built-in robes, while the comfortable living area provides a welcoming space to relax. A reverse cycle air conditioner ensures year-round comfort, keeping the home warm in winter and cool throughout the summer months. The functional kitchen offers ample storage and bench space, with scope to update and add your own personal style in the future. The centrally located bathroom includes a shower, bath and vanity, catering to everyday convenience. Stepping outside, you'll appreciate the private and secure rear yard, providing a peaceful space to enjoy with minimal upkeep. An undercover carport offers sheltered parking, while the attached lockable storage area provides valuable additional space. Whether you're looking to enter the property market, downsize to an easy-care home or secure a quality investment in a highly sought-after location, this Bay Road property is an opportunity not to be missed. Contact Macey today to arrange your inspection. Additional property features: Land size: Approximately 161m2 Property Built: Approximately 1975. Council Rates: Approximately $408 per quarter. Council Zoning: City of Mount Gambier. Current Rental Appraisal: The property is currently in a fixed term tenancy until 24.07.2027 at $250 per week. An up-to-date market appraisal has been completed of $350 - $370 per week.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
161 m²
Listed
1 week ago

Repayment calculator

$1,934/month
$967 /fortnight
Loan $319,200 at 6.10% over 30 years

Upfront costs

Deposit$79,800
Stamp duty$16,280
Conveyancing (est.)$2,000
Total upfront$98,080
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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 28% below the $554,000 median of 60 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

  • Bus Route Start/Stop (bus)765 m away
  • Food for Thought988 m away
  • Unnamed458 m away
  • Unnamed586 m away
  • Mount Gambier Railway Lands642 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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Price history

Price history

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1 price change recorded for this property

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