13 Cockburn Street, Mount Gambier SA 5290
13 Cockburn Street, Mount Gambier SA 5290
3 bedrooms, 1 updated bathroom, 178m² internal area, 746m² land, 2 separate garages, built 1950, single-story house, fully fenced with shed and garden.
The competitive strength of this property lies in its land size and parking configuration. At 746m², the block is notably larger than many newer subdivisions in Mount Gambier, offering genuine space for gardening, storage, or future expansion. The dual garages with separate driveways are a rare find, providing exceptional utility for multiple vehicles, a workshop, or secure storage. The layout is also a point of difference, with two distinct living areas plus a rear rumpus room, which gives it more flexibility than the standard single-living 3-bedroom homes common in the area. This property is best suited to families who need room to spread out, or to investors targeting long-term rental demand from tenants who value space and parking over a modern finish.
The 1950 build age is the primary factor to weigh. While the home has an updated bathroom and gas kitchen, older properties may require attention to plumbing, electrical, or insulation systems that are not immediately visible. The single bathroom for three bedrooms is a functional constraint that could limit appeal for larger families or shared households. The estimated rental yield of around 3.4% suggests moderate income potential, but the property’s value is more anchored in its land and layout than in its internal condition. Buyers should budget for potential maintenance updates and consider whether the dual living spaces and generous land offset the age-related risks.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Cockburn Street, Mount Gambier SA 5290
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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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
Bedrooms
3
Bathroom
1
Parking
2
Land
746m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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