Apartment

2/28 Queens Avenue

Mount Gambier SA 5290, Australia

2 Bedrooms

1 Bathrooms

1 Parking

268 m² Land size

- Internal area

$165,500 Last sale (2007)

About this property

Unit 2 at 28 Queens Avenue is a 2‑bedroom, 1‑bathroom apartment offering 106 m² of internal floor area and an allocated single car space. The low‑rise building comprises nine dwellings, primarily owner‑occupied, and features built‑in robes throughout.

Historical sales show the unit changing hands for $108k in 2001 and $165.5k in 2007, while recent market estimates place its value between $320k and $460k and suggest a weekly rent around $330. Mount Gambier is a regional service centre on the Limestone Coast, known for its volcanic landscape and proximity to the Victorian border.

The suburb enjoys strong price growth and a rental yield of roughly 4‑5 %, supported by a stable local economy and a range of educational and recreational amenities within walking distance

Key details

Locality: Mount Gambier
State: SA
Coordinates: 37.81790614 / 140.78120298
GNAF PID: GASA_414893612
Legal parcel ID: C/20725/F/2
Remoteness area: Regional
Property type: Apartment
Unit land size: 268 m²
Unit internal area: -
Land Use Category: Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent

$415

Expected property value

$375,000

Estimated yield

5.75%

Confidence

Medium

Based on the comparable property evidence currently available.

Sales history

Event	Date	Price	Price per m²
Sale	4 Oct 2007	$165,500	—
Sale	9 Nov 2001	$108,000	—
Sale	Private treaty sale; also reported by View	$165.5k	—
Sale	Listed in building‑profile table; discrepancy with other source	$118k	—
Sale	Private treaty sale	$108k	—

Property insights

Building profile

2/28 Queens Avenue in Mount Gambier is a standalone residential apartment unit
Suburb growth: 43.9% price increase over 12 months
Median unit price: $415,000 for 2‑bedroom units in Mount Gambier

Property Features

Rental yield: 4.59% ( estimate)
Car spaces: 1

Recorded sales and leasing agents

Recorded sale agency: SAL Real Estate – Bordertown

Ownership mix

Approximate occupancy mix for the surrounding area

Owner-occupied

80%

Renter-occupied

80%

Area insights

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

ABC South East SA radio station – approx; 0.8 km away
Frew Park Oval park – approx; 0.8 km away
Reidy Park park – approx; 1.0 km away
The Commodore hotel – approx; 0.7 km away
Engelbrecht Cave cave system – approx; 0.9 km away

Read suburb profile

Real Estate Agencies

Ordered by:

Key 2 Sale (RLA 282450) - MOUNT GAMBIER

1.5 km

22 Sturt Street, Mount Gambier, SA 5290

The Property Co. SA - MOUNT GAMBIER

1.4 km

84 Commercial Street East, Mount Gambier, SA 5290

Ray White Mt Gambier - RLA 291953

1.2 km

2A & 2B Mitchell Street, Mount Gambier, SA 5290

Elders Real Estate - Mount Gambier (RLA62833)

1.3 km

9 Bay Road, Mount Gambier, SA 5290

HL Gebhardt & Associates - Mount Gambier (RLA 1903)

1.3 km

Suite 2/14 Helen Street, Mount Gambier, SA 5290

Malseed Real Estate - MOUNT GAMBIER

1.4 km

111 Commercial Street West, Mount Gambier, SA 5290

Malseeds Real Estate - MOUNT GAMBIER

1.4 km

111 Commercial Street West, Mount Gambier, SA 5290

Complete Real Estate (RLA226179) - MOUNT GAMBIER

1.4 km

7 Helen Street, Mount Gambier, SA 5290

Cleves Real Estate - RLA263296

2.0 km

13 Smith St, Mount Gambier, SA 5290

Miller Whan & John Pty Ltd - Mount Gambier (RLA 65651)

1.1 km

70 Commercial Street West, Mount Gambier, SA 5290

Green Triangle Real Estate - MOUNT GAMBIER

1.2 km

50 James Street, Mount Gambier, SA 5290

* Approximate straight-line distances

Nearby schools

Type:

Ordered by:

Mount Gambier North Primary School

0.5 km

Primary school | Government

Mcdonald Park School

1.4 km

Primary school | Government

St Martins Lutheran College

1.5 km

Combined school | Independent

Gordon Education Centre

1.4 km

Combined school | Government

Mount Gambier High School

1.6 km

Secondary school | Government

Reidy Park Primary School

2.1 km

Primary school | Government

Melaleuca Park Primary School

2.4 km

Primary school | Government

Mulga Street Primary School

1.9 km

Primary school | Government

Tenison Woods College

2.7 km

Combined school | Independent

Suttontown Primary School

2.6 km

Primary school | Government

Compton Primary School

5.2 km

Primary school | Government

Grant High School

3.3 km

Secondary school | Government

Goodstart Early Learning Berrin

1.0 km

Community Kids Mount Gambier Early Education Centre

1.0 km

Community Kids Montebello Early Education Centre

1.5 km

Goodstart Early Learning Mount Gambier

0.2 km

Acacia Kindergarten

0.4 km

Gladigau Park Kindergarten

1.3 km

Carma Playhouse

1.4 km

St Martin's Kindergarten - Mount Gambier

1.4 km

* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

2/28 Queens Avenue is described with 2 bedrooms, 1 bathroom, 1 parking space, land size of 268 m²

Which primary school is nearest to 2/28 Queens Avenue?

Mount Gambier North Primary School is the closest government primary school to the property

What is the population of Mount Gambier?

Mount Gambier had a population of 26,878 at the 2021 census

What type of climate does Mount Gambier experience?

Mount Gambier has a temperate Mediterranean climate (Csb) with mild, dry summers and cool, wet winters

What are some nearby parks and recreational spaces?

Nearby parks include Frew Park Oval, Reidy Park, and Vansittart Park, all within about 1 km of the address

What kind of property is this?

2/28 Queens Avenue is listed as Apartment in Mount Gambier, SA

What asking price or listing price is shown?

2/28 Queens Avenue includes price Estimated $320k – $460k, Sold for $165,500 on 4 Oct 2007

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $375,000, the calculated weekly rent is $415 per week, and the indicative gross yield is 5.75%

Related profiles

Jump to the related profiles for this address.

Root property

28 Queens Avenue

View the main multi-unit property profile covering 6 tracked units.

View root property

Suburb profile

Mount Gambier

Browse the suburb profile, property mix, and related area data.

View suburb profile

Street profile

Queens Avenue

See the street-level property page and compare nearby listings.

View street profile