Property investors who have had real estate in Mount Gambier, 5290 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.20%
Comparing Mount Gambier,5290 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 88th of SA’s most discounted properties, Mount Gambier is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Mount Gambier is 79th on a list of best yielding suburbs for rents in SA with a 5.39% return
Giving property investors a a poor capital gain of -7.14% for the last year, Mount Gambier, 5290 is the 1235th highest performer in Australia in this respect.
Mount Gambier,5290 was ranked 435 in Australia by increase in median property value over the quarter.
The most recent median price for Mount Gambier is $195000, with sellers offering an average of -7.15% off the asking price.
Renters in Suburb are facing rents around $11440 per annum or $220 every week.