Mount Gambier is South Australia's second-largest city, built around the extraordinary Blue Lake and a thriving timber and agriculture economy. Stunning natural scenery, historic limestone architecture and some of Australia's most affordable property make it increasingly popular with retirees and investors. At the current $318k median house price, an 80% loan at 6.25% over 30 years is about $1,566 per month.
| Median house price | $318,000 |
|---|---|
| Median unit price | $215,000 |
| Estimated monthly repayment | $1,566 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.2% |
| Gross rental yield | 5.8% |
| Typical days on market | 28 |
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