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5 Stone Avenue

Mount Gambier SA 5290

  • 3 Bed
  • 1 Bath
  • 2 Parks
$489,000 – $509,000
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Solid Stone Home with Space to Grow

Built in 1967 and sitting proudly on a generous 787m² block, this solid Mount Gambier stone home blends classic construction with modern updates, making it an appealing choice for families, investors, or those looking for space to grow.

Step inside to polished timber floors that flow through much of the home, complemented by an updated kitchen with electric cooking, dishwasher, built-in pantry, and plenty of bench and cupboard space. The lounge is fitted with a wall-mounted air conditioner, while ducted gas heating ensures year-round comfort.

Accommodation includes three bedrooms – the main with built-in robes and ceiling fan, a second with built-ins, and a third offering flexibility for family or study needs. The bathroom has been refreshed with a shower-over-bath, and a central laundry is conveniently placed near the back door.

Living extends well beyond the original footprint, with a huge family room at the rear of the home featuring a reverse-cycle system. Outdoors, a solid undercover entertaining area provides space for play or gatherings, while the secure backyard offers raised garden beds for those with a green thumb.

Shedding is a standout, with a substantial stone-built garage stretching the length of the yard and accommodating two vehicles end-to-end.

Currently leased at $350 per week until February 2026, the property holds strong investment appeal with an updated rental appraisal of $420–$440 per week.

At a glance:
• 3 bedrooms, updated bathroom
• Polished timber floors, zoned gas ducted heating
• Updated kitchen with dishwasher & pantry
• Large rear family room with reverse-cycle system
• Secure backyard with undercover entertaining
• Substantial stone shed with two-car capacity
• 787m² allotment (approx.)
• Investment opportunity with long-term lease

Features

General Features

  • Property Type: House
  • Bedrooms: 3
  • Bathrooms: 1

Indoor Features

  • Toilets: 1

Outdoor Features

  • Open Car Spaces: 2

Can I afford 5 Stone Avenue?

With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.

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Elders Real Estate Mount Gambier

Enquire about 5 Stone Avenue, Mount Gambier, SA, 5290

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