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55 NORTH TERRACE, Mount Gambier$524,250
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55 NORTH TERRACE

Mount Gambier, SA 5290, Australia
$499,500 – $549,000
6380 m²

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About this property

Complete Real Estate is pleased to present this unique opportunity to the market; positioned in a highly sought-after pocket of Mount Gambier. This generous vacant allotment situated on approximately 6380m2 on North Terrace presents an outstanding opportunity for developers, investors, or those looking to secure a substantial parcel of land with future potential. Being positioned on a sizable holding, the allotment offers exciting scope for further subdivision (subject to relevant approvals), making it an ideal prospect for those looking to maximise value in a well-established and growing town. Conveniently located, the allotment enjoys close proximity to a range of key amenities. Quality schooling options are just minutes away, while the town centre is easily accessible for everyday needs and major shopping centres are within a short drive, ensuring everything you need is right at your fingertips. With its strategic location, development potential, and strong local demand, this is a rare opportunity to secure a versatile parcel of land in a prime position. Key Features: Generous vacant allotment in a desirable location Potential for further subdivision (STCA) Close to schools, town centre, hospital, and shopping precincts Ideal for developers, investors, or future home builders Opportunities like this are increasingly hard to findsecure your stake in one of Mount Gambier's most convenient and promising locations today. Contact the Sales Team at Complete Real Estate for additional information or to view the allotment.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
6380 m²
Listed
2 months ago

Repayment calculator

$2,542/month
$1,271 /fortnight
Loan $419,400 at 6.10% over 30 years

Upfront costs

Deposit$104,850
Stamp duty$22,664
Conveyancing (est.)$2,000
Total upfront$129,514
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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 14% below the $612,000 median of 59 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)1.1 km away
  • OG Roberts Used Cars965 m away
  • Unnamed460 m away
  • Unnamed482 m away
  • McDonald Park515 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 · House 3 bed

Compound growth +15.5% / yr over 4 yrs

$534kcurrent median

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Price history

Price history

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1 price change recorded for this property

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