Mount Gambier North is the residential expansion zone of SA's second-largest city, adjacent to the famous volcanic Blue Lake and growing healthcare and education precincts. Affordable housing, strong timber industry employment, consistent rental demand from healthcare workers, and improving amenity driven by private investment make it an attractive regional investment option. At the current $380k median house price, an 80% loan at 6.25% over 30 years is about $1,872 per month.
| Median house price | $380,000 |
|---|---|
| Median unit price | $234,000 |
| Estimated monthly repayment | $1,872 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.5% |
| Gross rental yield | 6.5% |
| Typical days on market | 30 |
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