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1/1 Powell Street, Mount Gambier SA 5290
1/1 Powell Street, Mount Gambier SA 5290
This 3-bedroom, 2-bathroom apartment / unit with 1 car spaces is positioned in Mount Gambier SA. The property is ideal for low-maintenance living with convenient access to local amenities.
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.
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