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5 Blamey Street, Mount Gambier SA 5290

$429,000 - $449,000

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$429k - $450k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 752 m² 103 m²

Listed: 15 hours ago

Overview

Located in a peaceful neighbourhood, this limestone house at 5 Blamey Street offers a substantial canvas for renovators, first-home buyers, or investors eager to capitalize on its potential. The property's practical layout and generous living spaces provide a solid foundation to create a comfortable and personalized home.

The three spacious bedrooms deliver ample accommodation options, adaptable to family living or creative home-office setups. The front lounge room, equipped with gas heating, ensures a cozy environment for relaxation during cooler months.

The kitchen's electric cooking facilities offer functional culinary provisions, complementing the home's solid build and tiled roof. The bathroom includes both a bath and shower, complemented by a separate toilet, enhancing daily convenience for occupants and guests alike.

Outside, established lemon and fig trees add character and a touch of nature to the backyard, contributing to an inviting outdoor space with potential for further landscaping or gardening pursuits.

This property represents a tremendous opportunity for buyers who value customization and upgrading to their tastes. With a sizeable 752m² land size, it offers room for extensions or outdoor enhancements. Built around 1980, the home stands ready for modernisation, allowing new owners to add significant value.

Overall, this offering is well-suited for renovators seeking a versatile project, first-home buyers wanting a manageable property in a quiet locale, or investors aiming to add value in Mount Gambier’s residential market.

Local Market Insights

In Mount Gambier, Quiet Listings observed 29 new houses entering the market over the last 30 days, up from 19 during the previous 30-day period, with an average advertised asking price of $617,483. The property type mix of listed properties is predominantly Houses at 77%, followed by units (8%), and land (5%). The most active agency for houses in the Mount Gambier area is currently Ray White, representing 45% of new listings, followed by The Property Co. SA with 21%. 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.