20 Gordon Street, Mount Gambier SA 5290

20 Gordon Street, Mount Gambier SA 5290
4 bed, 1 bath, 3 car | 1,318 m² land | above suburb median | tight rental demand | large-lot family appeal This house offers a rare combination in Mount Gambier: a genuinely large 1,318 m² allotment paired with four bedrooms and three-car parking, which positions it well above the typical detached stock in the area. The price guide sits above the local median, reflecting the land component more than the modest single-bathroom layout. It will suit families seeking space for sheds, vehicles, or future expansion, as well as buyers wanting a strong rental prospect given the tight vacancy and solid yield environment. The configuration is practical rather than premium, and the land is the clear hero here. The single bathroom may limit appeal for some households, and the internal condition is unverified, so a thorough inspection is essential before forming a firm view. The large block may offer subdivision or development potential depending on zoning, which could add meaningful upside, but that remains unconfirmed. Buyers should weigh the price against the cost of any updates needed, and consider how long the property might take to resell given its position above the typical price point in this market. || Comparable Sales: nearby unit at 2/9 Gordon Street under offer; 1/20 Hart Street sold at $335,000 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, four-bedroom layout, three-car parking
Detailed Independent Property Report prepared  by PropCred Analyst team for 20 Gordon Street, Mount Gambier SA 5290
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk
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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: nearby unit at 2/9 Gordon Street under offer; 1/20 Hart Street sold at $335,000 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, four-bedroom layout, three-car parking

Bedrooms

4

Bathroom

1

Parking

3

Land

1318m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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