312 Glenelg River Road, Ob Flat SA 5291

OB Flat’s limited stock, affluent households (median weekly income ~$2,100) and easy access to Mount Gambier amenities keep owner-occupier demand firm, with listings turning quickly and buyers chasing the peri-urban lifestyle. Prices have risen strongly – house medians near $980k and still trending upward over the past six months despite the high base – while tight days on market and few active listings reinforce the tight market. Watch the large pipeline of new approvals and a 4% vacancy rate, which could soften yields even as long-term investment opportunities persist around the more established blocks.