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5 Phillip Street

Mount Gambier, SA 5290, Australia
$490,000
3 bed 1 bath 2 car850m²

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Area Price Guide
$460,600$519,400

Indicative price guide range

🏘️
73
Comparable
📊
$569,000
Area median
⚖️
-14%
vs median
📐
$576
Per m²
📏
850 m²
Land
🗓️
Today
Listed

Property Insights

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About this property

Solidly positioned on a sizeable corner allotment close to the Mount Gambier Hospital, UniSA and TAFE campuses along with nearby childcare and primary schooling facilities - all still only a short distance from the CBD and retail shopping at the Marketplace. 5 Phillip Street in Mount Gambier offers an outstanding blend of position and affordability and is a great opportunity to get into the market or add to an already established portfolio. With it's 1950's stone construction, this solid build is a popular choice for investors and owner occupiers alike, offering 3 well sized bedrooms all with carpet over timber flooring, curtains and privacy blinds, and the master including a ceiling fan. The main living space includes polished timber flooring with a slow combustion heater and reverse cycle air conditioning plus a ceiling fan keeping you comfortable all year round. Adjoining this space, the galley style kitchen includes free standing cooker with gas cooktop, electric oven and grill. Wet areas include a central bathroom with separate bathtub and walk in shower, as well as the convenience of a separate toilet nearby. At the rear of the home, the well-appointed laundry includes built in storage along with an adjoining mudroom/storage area leading to access to the backyard. Outside there is a gated and enclosed yard offering space for the kids to play or secure for pets, with a single car garage offering power and concrete flooring, and is adjoined by a carport for further undercover parking. Services to the property include town water, sewer and gas supply, with a water softener also installed. Currently tenanted at $410 per week, this is a great one to add to the portfolio with an already established tenant until November of 2026. Contact Alistair for more information today. Additional Property Information: Approx Property Age: 1952 Land Size: 850sqm Council Rates: $408 per quarter Water Rates: $176 per quarter Rental Appraisal: An updated rental appraisal has been conducted for approximately $420 to $440 per week. RLA - 291953

Property Features

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    Repayment calculator

    $2,375/month
    $1,188 /fortnight
    Loan $392,000 at 6.10% over 30 years

    Upfront costs

    Deposit$98,000
    Stamp duty$20,830
    Conveyancing (est.)$2,000
    Total upfront$120,830
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    2
    Land Area
    850m²
    Listed
    Today

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