18 O'Connor Drive, Mount Gambier SA 5290

3-bed older house | 529 m² land | long-term tenant secured | opposite skate park This property is competitively positioned as affordable entry-level stock in a convenient Mount Gambier location. Its 3-bedroom, single-bathroom configuration on a usable 529 m² block suits first-home buyers or investors seeking stable rental demand. The tenancy until December 2026 at $350 per week provides immediate income certainty, with an updated market appraisal of $380–$390 per week. The updated bathroom, secure rear yard, and proximity to a skate park, playground, IGA, and schools add practical appeal for families or renters. As older 1970s stock with an original kitchen, it sits below renovated or newer homes in finish level but above fully original properties, making it a sensible choice for those prioritising affordability over premium condition. Factors that may affect value include the original kitchen, which limits appeal for buyers wanting move-in-ready modern finishes, and the location opposite a skate park, which may bring noise or activity at certain times. The compact 92 m² internal area on 529 m² of land means the property’s value is driven more by location and affordability than land size or build quality. Buyers should weigh the cost of a future kitchen update against the property’s strong rental yield potential and stable tenant demand.