4 Stella Place
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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
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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 Cars — 1.6 km away
- McDonald Park — 836 m away
- Unnamed — 838 m away
- Unnamed — 1.0 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
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Full Mount Gambier marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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