Mount Gambier, SA 5290
Mount Gambier property market
House rentals are Mount Gambier's top market, with 514 leases (up 1%) at $465 a week (up 3.3%) as of July 2026, renting out in about 20 days (down from 22 days last year), one of the country's most in-demand house rental markets, with 3-bedroom dominating at around two-thirds.
House sales are nearly as big, with 480 sales (up 1.5%) at around $563.5k (up 13.4%), taking about 29 days to sell (down from 35 days last year), with more than half being 3-bedroom. Followed by 164 unit rentals at $345 a week (one of the most sought-after unit rental markets in SA). 115 unit sales at around $421k (among the country's strongest unit price gains).
Who lives hereA below-average-income, mostly owner-occupied, mixed-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Mount Gambier demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Mount Gambier?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Mount Gambier
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Mount Gambier
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.2× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Mount Gambier
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Mount Gambier
10 schools inside Mount Gambier, plus the closest options around it. Families can choose from 13 primary schools in Mount Gambier and its surrounds, and 4 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Mount Gambier · 10Order by
- 1McDonald Park SchoolGovernment · Primary · Co-ed · Years U, R-6 · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 2Mount Gambier North Primary SchoolGovernment · Primary · Co-ed · Years U, R-6 · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 3Gordon Education CentreGovernment · Special · Co-ed · Years U · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 4Reidy Park Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 5Mount Gambier High SchoolGovernment · Secondary · Co-ed · Years U, 7-12 · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 6St Martins Lutheran CollegeIndependent · Combined · Co-ed · Years R-12 · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 7Melaleuca Park Primary SchoolGovernment · Primary · Co-ed · Years U, R-6 · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 8Tenison Woods CollegeCatholic · Combined · Co-ed · Years R-12 · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 9Mulga Street Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 10Grant High SchoolGovernment · Secondary · Co-ed · Years U, 7-12 · Within suburbState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- Nearby · within 5 km · 6
- 11Suttontown Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Suttontown · 1.9 kmState Rank—English—Maths—Students284Multilingual1%ICSEA Rank50th
- 12Compton Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Suttontown · 1.9 kmState Rank—English—Maths—Students284Multilingual1%ICSEA Rank50th
- 13Moorak Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Moorak · 1.9 kmState Rank—English—Maths—Students284Multilingual1%ICSEA Rank50th
- 14Mil Lel Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Mil Lel · 1.9 kmState Rank—English—Maths—Students284Multilingual1%ICSEA Rank50th
- 15Yahl Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Yahl · 1.9 kmState Rank—English—Maths—Students284Multilingual50%ICSEA Rank50th
- 16Glenburnie Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Glenburnie · 1.9 kmState Rank—English—Maths—Students284Multilingual1%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Mount Gambier median house price & rent
Headline price, rent, yield and time on market for Mount Gambier — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Mount Gambier property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Mount Gambier
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Mount Gambier against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Mount Gambier in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 1.1 | ▼ -0.1 | 8 | 82 | 6.8 | |
| Balanced | 2.7 | ▲ +0.1 | 18 | 82 | 6.8 | |
| Slightly loose | 3.4 | ▲ +2.0 | 23 | 82 | 6.8 | |
| Loose | 4.0 | ▲ +2.2 | 27 | 82 | 6.8 | |
| Loose | 5.3 | ▲ +4.1 | 36 | 82 | 6.8 | |
| Loose | 5.5 | ▲ +5.5 | 38 | 82 | 6.8 | |
| Loose | 5.6 | ▲ +4.0 | 38 | 82 | 6.8 | |
| Loose | 6.6 | ▲ +5.7 | 45 | 82 | 6.8 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Tight | 0.4 | ▼ -0.8 | 4 | 108 | 9.0 | |
| Tight | 0.5 | ▼ -0.1 | 5 | 108 | 9.0 | |
| National typical | 0.7 | ▼ -0.7 | 6 | 108 | 9.0 | |
| Loose | 1.3 | ▲ +0.4 | 12 | 108 | 9.0 | |
| Loose | 1.5 | ▼ -1.4 | 14 | 108 | 9.0 | |
| Oversupply | 2.0 | ▲ +0.8 | 18 | 108 | 9.0 | |
| Oversupply | 2.1 | ▲ +1.4 | 19 | 108 | 9.0 | |
| Oversupply | 2.5 | ▲ +1.5 | 23 | 108 | 9.0 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Mount Gambier — Units & Houses, all bedrooms
Mount Gambier median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Mount Gambier rose from $184k (Jul 2021) to $366k (Jun 2026) — +99.1% growth over five years — peaking at $457k between Jun 2025 and May 2026. Median house rent went from $272/wk to $297/wk (+9.2%) over the same period. For units, the median sale price rose from $132k to $288k (+118.1%), with rent up from $202/wk to $305/wk (+51.0%) over the same period.
Suburbs near Mount Gambier: prices compared
The nearest suburbs to Mount Gambier, ranked by distance — each lined up against Mount Gambier on the same measures, so the differences jump out at a glance.
Suburbs like Mount Gambier
Suburbs anywhere in SA that behave like Mount Gambier — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Mount Gambier vs Elizabeth North: the closest sales-market match trades at a median of $350k against Mount Gambier's $386k — about 9% lower, with homes selling in 18 days versus 25 days here.
Comparable sales markets to Mount Gambier: Elizabeth North house prices, Davoren Park median house price, Munno Para house prices, Elizabeth Downs property growth and Smithfield property growth.
Mount Gambier's closest rental-market twins: Elizabeth North average house price, Smithfield property growth, Munno Para average house price, Elizabeth Downs house prices and Davoren Park median house price. Each link opens that suburb's full market report.
Frequently asked · Mount Gambier
26 data-driven answers about Mount Gambier's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Mount Gambier?
#The median house price in Mount Gambier, SA 5290 is $386k as of June 2026, based on 78 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Mount Gambier?
#The median unit price in Mount Gambier, SA 5290 is $386k as of June 2026, based on 78 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Mount Gambier?
#The median weekly house rent in Mount Gambier is $281 as of June 2026, drawn from 117 leases over the past 12 months. Units rent for around $281 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Mount Gambier?
#A 3 bedroom house in Mount Gambier rents for a median $281 per week as of June 2026, drawn from 117 leases over the past 12 months. Across other house sizes: 2-bedroom $281/week, 4-bedroom $281/week. Unit rents: 1-bedroom $281/week, 2-bedroom $281/week, 3-bedroom $281/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Mount Gambier?
#Gross rental yield in Mount Gambier is 3.67% for houses and 3.67% for units as of June 2026, compared with the SA unit median of 3.36%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Mount Gambier?
#As of June 2026, Mount Gambier medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $386k | $386k | $386k | $386k |
| Units | $386k | $386k | $386k | — | $386k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Mount Gambier median?
#At the median Mount Gambier house ($386k purchase, $281/week rent), weekly mortgage repayments sit at roughly $441 — about $160 more per week than renting. That gap is the ownership premium. For the median unit ($386k purchase, $281/week rent), repayments run about $441 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Mount Gambier's property market trends?
#Mount Gambier's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 25 days — faster than a year ago by 12; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Mount Gambier market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Mount Gambier as an investment?
#As of June 2026 in Mount Gambier, house prices rose +50.0% over the year, gross rental yield is 3.67% against a SA median of 3.37%, houses take a median 25 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Mount Gambier?
#Houses in Mount Gambier sell in a median 25 days on market as of June 2026, with units clearing slightly similarly at 25 days. Days on market have tightened by 12 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Mount Gambier a tight or loose property market right now?
#Mount Gambier's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.
Have property prices in Mount Gambier gone up or down?
#House prices in Mount Gambier moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Mount Gambier?
#Mount Gambier's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 108 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Mount Gambier in its property market cycle?
#Mount Gambier's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Mount Gambier compare to other SA suburbs?
#Mount Gambier's median house price ($386k) is 46% below the SA median ($717k) as of June 2026. On selling speed, houses clear in 25 days vs 17 days state median. On gross yield, Mount Gambier sits at 3.67% vs 3.37% state median.
How does Mount Gambier compare to neighbouring suburbs?
#Mount Gambier's most-similar nearby market is Elizabeth North (264.3 km away) with a median house price of $350k — about 9% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Mount Gambier?
#The most-transacted segment in Mount Gambier over the 12 months to June 2026 is 2 bed houses with 82 sales. 3 bed houses come second at 82 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Mount Gambier last year?
#Mount Gambier recorded 82 house sales and 82 unit sales over the 12 months to June 2026 — a combined 164 transactions. On the rental side, 108 houses and 108 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Mount Gambier in?
#Mount Gambier is in postcode 5290, in the Limestone Coast region of SA. Addresses there are written as Mount Gambier, SA 5290.
What is the population of Mount Gambier?
#Mount Gambier, SA 5290 is home to 18,005 residents (ABS Census 2021). The median resident age is 30, and the average household holds 1.3 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Mount Gambier?
#The median household in Mount Gambier earns $794 per week — roughly $41k a year (ABS Census 2021). Median personal income runs $369/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Mount Gambier?
#The unemployment rate in Mount Gambier is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Mount Gambier?
#Mount Gambier is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Mount Gambier?
#Mount Gambier has 16 schools within reach, 10 of them inside the suburb itself — including McDonald Park School, Mount Gambier North Primary School, Gordon Education Centre. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Mount Gambier a good place to live?
#Mount Gambier, SA 5290 has a population of 18,005, a median age of 30, a median household income around $794/week, 50% of households renting (ABS Census 2021). There are 16 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Mount Gambier market data last updated?
#This Mount Gambier market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.