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4/151 Commercial Street West, Mount Gambier$424,000
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For Saleapartment

4/151 Commercial Street West

Mount Gambier, SA 5290, Australia
$409,000 – $439,000
2 bed 1 bath 1 car145 m²

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About this property

Positioned in a highly convenient Main Street location, this charming two-storey townhouse offers comfortable, low-maintenance living within easy reach of shops, cafes, services and everyday amenities. Designed with practicality in mind, the upper level comprises two generous carpeted bedrooms, including a spacious master bedroom complete with built-in robes and a private balcony to enjoy your morning coffee. The central bathroom is well appointed with a bath, separate shower, toilet and a large vanity offering excellent storage. Downstairs, the welcoming carpeted lounge room provides a cosy retreat and is kept comfortable with a gas heater. Flowing seamlessly from the living space is the dining area and functional kitchen, featuring a gas cooktop, oven and grill, double sink and a large pantry for ample storage. For added convenience, a second toilet is also located on the ground floor. At the rear of the property, a private and secure paved courtyard creates a wonderful low-maintenance outdoor space, ideal for relaxing or entertaining. The courtyard also offers direct access to the garage, which features an electric roller door and convenient internal access back into the home. Adding further value, the hot water service and water softener have both been recently replaced, providing peace of mind for the next owner. Whether you're looking to enter the property market, downsize without compromise or secure a quality investment in a central location, this appealing townhouse presents an outstanding opportunity to enjoy easy living in the heart of town. Contact Macey Humphries from Elders Real Estate today to secure this in demand property. Additional property features: Land size: Approximately 145m2 Property Built: Approximately 1986. Council Rates: Approximately $412.60 per quarter. Admin + Sinking Fund Contributions: Approximately $799.50 Annually. Council Zoning: City of Mount Gambier. Current Rental Appraisal: The property is currently leased until 01.08.2026 at $360 per week. An up-to-date market appraisal has been completed of $420 - $430 per week.

Property Details

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

Repayment calculator

$2,056/month
$1,028 /fortnight
Loan $339,200 at 6.10% over 30 years

Upfront costs

Deposit$84,800
Stamp duty$17,530
Conveyancing (est.)$2,000
Total upfront$104,330
Verify with SA revenue office →
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 30% below the $604,000 median of 62 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)367 m away
  • Sip'N Save106 m away
  • Vansittart Park211 m away
  • Mount Gambier Railway Lands531 m away
  • National Servicemans Memorial Park607 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

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1 price change recorded for this property

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