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Overview
This charming solid limestone duplex, situated at 5 Pearce Crescent in Mount Gambier, presents a unique balance of sturdy construction and functional living spaces. The property's appeal lies in its blend of comfort, versatility, and practicality, making it suitable for a variety of buyers including first home owners, investors, or those seeking a low-maintenance residence.
Strategically positioned close to local shopping centers, schools, and just a brief drive to the CBD, residents will enjoy convenient access to amenities including Grant High School and the Swallow Drive Shopping Complex. Such proximity enhances day-to-day living ease and long-term investment value.
The home's interior welcomes you with a timber-floored lounge fitted with a reverse cycle air conditioner, ensuring year-round comfort. Adjacent, the updated kitchen and dining area, finished in neutral tones, are equipped with a large freestanding gas cooktop and oven, complemented by a single sink overlooking the rear yard – an ideal setup for those who appreciate both cooking and entertaining.
Comprising three bedrooms and a well-appointed bathroom featuring a shower over a bath and a spacious vanity, the residence balances private and shared spaces efficiently. An additional sunroom or rear living area adds flexible space to suit individual needs, whether as a quiet retreat, hobby room, or extra lounge.
The outdoor environment enhances the property's practicality and lifestyle appeal. The fully enclosed yard is surrounded by mature gardens offering a pleasant, private setting. For those with a green thumb or interested in sustainable living, multiple vegetable plots and a chicken shed are valuable additions. A large shed with rear yard access offers parking for two cars and extra room perfect for storage or recreational uses, presenting potential as a man cave or workshop.
The enclosed entertaining area features a built-in bar, highlighting this home’s suitability for hosting family and friends, further expanding the living options.
Additional features include a land size of approximately 701 square meters and a build date around 1963, indicating solid mid-century craftsmanship. The property currently holds a fixed term tenancy until December 2026, generating rental income with a current appraisal of $370-$390 per week, thus appealing to investors seeking immediate returns.
Overall, 5 Pearce Crescent offers a robust and versatile lifestyle opportunity within a convenient location, rich with functional indoor and outdoor features that cater to diverse living styles and practical needs.
Local Market Insights
In South Australia - South East, Quiet Listings observed 2 new duplexes entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $550,000. The property type mix of listed properties is predominantly Houses at 74%, followed by land (17%), and units (2%). The only agency with for duplexes listings currently monitored in the South Australia - South East area is Elders Real Estate. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Mount Gambier SA 5290
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