Mount Gambier has lowest rental vacancy rate of 0.73%. The rental yields for houses are currently 5.10% with an average median rent of $420 weekly.
Second biggest city in South Australia with government aim to move Public office to Mt Gambier
Mount Gambier, located in South Australia, has a population of approximately 30,000 residents. Additionally, it serves as a regional hub with a catchment area that includes about 85,000 people. This catchment area encompasses the surrounding towns and rural regions that rely on Mount Gambier for various services and amenities
Mount Gambier, located in southeastern South Australia, is almost equally distant from both Melbourne and Adelaide. Mount Gambier’s strategic location and transport links make it an important regional hub, facilitating easy travel and commerce with both major cities.
The Mount Gambier Regional Airport is a major gateway to the Limestone Coast and Western Victoria, and is located 10 minutes from the city of Mount Gambier. The Airport is well serviced by Regional Express Airlines (REX) and QantasLink which provides regular return passenger services between Mount Gambier and both Melbourne and Adelaide.
The Regional Movers Index report stated Mount Gambier distinguished itself as a key destination, as the number of people from capital cities moving in during the quarter was up by almost 70%.