29 Wilson Street, Mount Gambier SA 5290
29 Wilson Street, Mount Gambier SA 5290
29 Wilson Street, Mount Gambier SA 5290 is a 3-bedroom, 1-bathroom house on a 1,171 m² lot, with a recorded build year of 1962 and a sale history showing it last sold in 2002 for $130,000. The property was listed for sale as a house in Mount Gambier.
Large landholding | 1962 stone construction | multipurpose use | office conversion history | central Mount Gambier
The property is competitively strong because of its unusually large 1,171m² block in a central Mount Gambier setting, where such landholdings are rare and command a premium for flexibility. The stone home from 1962 offers durable character and a solid base for renovation or redevelopment, while its current office use suggests zoning that already accommodates mixed purposes. This combination serves buyers who value space for a home-based business, future expansion, or simply a generous allotment in a mature suburb. The property sits well for owner-occupiers wanting to adapt over time rather than conform to standard housing stock.
The build age may signal original systems or finishes that could require updating, and the office conversion might have altered internal layouts in ways that not suit every residential buyer. Zoning and council intent around the development potential should be verified, as that directly influences how the land can be used and its ultimate value. Market conditions for flexible-use properties in this location could also affect how quickly a buyer sees a return on any planned works or conversion costs.
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Wilson Street, Mount Gambier SA 5290
Checks found:
Value Risk
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
4
Land
1742m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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