10 Lexington Cres, Mount Gambier SA 5290
10 Lexington Cres, Mount Gambier SA 5290
This 4-bedroom, 2-bathroom house with 1 car spaces is positioned in Mount Gambier SA. The property is suited to family living in an established residential setting.
Market Insight:
Mount Gambier demand is driven by relative affordability to Adelaide, steady rental yields around 4.5% and buyers targeting low-maintenance units that suit budget-conscious, travel-oriented lifestyles. Growth is underpinned by the forestry, agriculture and logistics base, but constrained supply has lifted rents and even sparked concern about housing stress, so new approvals offer investors a chance to meet that gap. Over the past six months house values have risen by roughly 10–14% while units have jumped over 20%, so prices continue to trend higher even as buyers now pause a little longer before committing.