22 Genoa Street, Mount Gambier SA 5290
22 Genoa Street, Mount Gambier SA 5290
4 bed, 2 bath, 2 car | family-oriented configuration | established suburban pocket | above typical local stock | broad buyer appeal
This property holds a genuine competitive edge in Mount Gambier’s residential market. With four bedrooms, two bathrooms, and double car accommodation, it sits clearly above the standard three-bedroom, one-bathroom homes that dominate much of the local stock. That extra space and parking flexibility makes it particularly well-suited to growing families or buyers who need room for guests, a home office, or additional vehicles. The configuration alone positions it as a practical, move-in-ready option in a suburb where detached houses on moderate blocks are the norm, and where demand for larger family homes remains consistent. It is the kind of property that tends to attract serious owner-occupiers rather than casual lookers, which can translate into firmer interest and a smoother sale process.
What may materially shape its value is the condition and presentation relative to its age and land size. If the interior has been updated with modern kitchens, bathrooms, and heating or cooling, it could command a noticeable premium over dated equivalents in the same street. Conversely, if finishes are original or tired, the price may need to reflect the cost of future improvements. The size of the block and how the outdoor space is configured will also matter—larger, usable yards with shedding or entertaining areas tend to hold value better in this market. Buyers should weigh how much renovation work they are willing to take on, and whether the property’s current state justifies its asking position.
|| Comparable Sales: 3 Venice Court sold with 735 sqm and modern finishes; 4 Stella Place land sold around $239k–$259k | Property Price Band: $500,000–$600,000 | Value Drivers: land size, internal condition, layout suitability for families
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Genoa Street, Mount Gambier SA 5290
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Mount Gambier is a stable regional centre with a market driven by strong local demand from established families and service-sector workers. Recent price growth has been robust, supported by high sales volumes and exceptionally tight rental conditions with low vacancy. Future growth is anchored by its regional appeal and steady population, though affordability pressures and constrained housing supply present key constraints to watch.
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PropCred Estimated Value
Comparable Sales: 3 Venice Court sold with 735 sqm and modern finishes; 4 Stella Place land sold around $239k–$259k | Property Price Band: $500,000–$600,000 | Value Drivers: land size, internal condition, layout suitability for families
Bedrooms
4
Bathroom
2
Parking
2
Land
598m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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