4 Stella Place, Mount Gambier$249,000
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4 Stella Place

Mount Gambier, SA 5290, Australia
$239,000 – $259,000
842 m²

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About this property

Finding a vacant block of land in one of Mount Gambier's established, highly sought-after neighborhoods is rare, but finding one that is flat, unencumbered, and primed for a dual-occupancy development is almost unheard of. Welcome to 4 Stella Place, an exceptional 842sqm allotment that represents the ultimate blank canvas for your next project, whether that is an investment or the home of your dreams. Boasting a minimal incline, the near level allotment ensures site works will be straightforward and cost-effective. With no easements and no boundary building restrictions on any side, you have absolute architectural freedom to maximise the footprint of your build. For the savvy investor or developer, the true crown jewel of this property is its potential for two dwellings (STCA). In a strong local market, the opportunity to build a high-yield, dual-income asset offers a unique and highly profitable advantage. Alternatively, for a family looking to establish roots, the generous 842sqm footprint provides more than enough sprawling space for an expansive premium home complete with a large shed, outdoor entertaining area, and a beautiful backyard. You are surrounded by quality, long-standing homes, ensuring the future value of your build is well-protected while schools, shopping, and iconic natural attractions are all just minutes away. Opportunities this clean, flat, and versatile do not last long, because all the hard work of finding and preparing the perfect site has already been done for you. All that is left to do is bring your vision to life. Land Size: 842sqm Council Rates: Approx $400 quarterly RLA 291953

Property Details

Property Type
land
Listing Type
For Sale
Land Area
842 m²
Listed
1 week ago

Repayment calculator

$1,207/month
$604 /fortnight
Loan $199,200 at 6.10% over 30 years

Upfront costs

Deposit$49,800
Stamp duty$8,913
Conveyancing (est.)$2,000
Total upfront$60,713
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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 land in Mount Gambier, SA 5290 sits within reach of public transport, local shops and nearby schools. It is listed 62% below the $654,000 median of 60 comparable landswithin 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)1.8 km away
  • OG Roberts Used Cars1.6 km away
  • McDonald Park836 m away
  • Unnamed838 m away
  • Unnamed1.0 km 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 · House 3 bed

Compound growth +15.5% / yr over 4 yrs

$534kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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