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9-11 Granite Court, Mount GambierUnder Contract
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9-11 Granite Court

Mount Gambier, SA 5290, Australia
Under Contract
4 bed 2 bath 2 car400 m²

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About this property

Discover exclusive property investment opportunities through the Regional Key Worker Housing Scheme-an initiative of Renewal SA, delivered by the Office for Regional Housing. Properties now available to purchase in Mt Gambier include: Two x 4 Bedroom Designs - 9 & 11 Granite Court Two x 3 Bedroom Designs - 65b & 67b Wireless Road West Two x 2 Bedroom Designs - 65a & 67a Wireless Road West These two newly constructed properties feature:- • Convenient central location, close to shopping and recreation amenities • Low maintenance design • Secure double garage • Fully leased through until 2035 with attractive weekly rents. This unique, government-backed program provides quality housing for key workers across regional South Australia and offers savvy investors the chance to purchase newly built, fully leased homes, backed by a long-term, stable lease to the State Government. What does the Regional Key Worker Housing Program offer investors? • 10-Year Lease + 5-Year Extension Option • Guaranteed Rental Income Over the Lease Term • No Vacancy Periods • Tenanted by Government Key Workers. • Annual Rent Increases of 2.5% between Market Reviews Every 3 Years • Full Property Management & Maintenance by Government Employee Housing under the DIT Total Asset Care Plan • End-of-Lease Property Refresh Included With only six such properties available to purchase in Mt Gambier, demand is expected to be high. Enquire today to find out how you can add one of these low-risk properties to your investment portfolio.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
400 m²
Listed
3 months ago

Repayment calculator

$3,171/month
$1,585 /fortnight
Loan $523,200 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$130,800
Stamp duty$29,800
Conveyancing (est.)$2,000
Total upfront$162,600
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 4-bedroom house in Mount Gambier, SA 5290 sits within reach of public transport, local shops and nearby schools.

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)1.6 km away
  • OG Roberts Used Cars1.5 km away
  • McDonald Park518 m away
  • Unnamed713 m away
  • Unnamed846 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 4 bed

Compound growth +12.0% / yr over 4 yrs

$670kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Mount Gambier market

Within 5km

Nearby Properties

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