16 Lakes Park Drive, Ob Flat SA 5291
This property is Off Market
- The Average property price in this area is $444,334, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 21.65 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Mount Gambier - East
With an average age of 43, households expect an average monthly mortgage payment of $1,829 or a weekly rent payment of $225. The average family earns a weekly income of $2,166 with a typical household size of 2.7 and a 98.77% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ob Flat due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Ob Flat leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Ob Flat necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Ob Flat the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
General Points of Interest
Pioneer Memorial
Wulanda Recreation and Convention Centre - Storage Shed
Squashbrook
Mount Gambier Golf Course
Mount Gambier Golf Club
HMS Lady Nelson
Gambier City Bowl
Sinkhole
Cannon
Valley Lake Conservation area
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 2025 asthma sufferers and 655 people living with diabetes. In addition, 774 people have a heart/vascular condition and 1441 people live with three or more chronic diseases.A good place to invest in property?
Mount Gambier - East a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
South Australia State average 45 / 100
Income
36 / 100
44 / 100
Industry
38 / 100
34 / 100
Population
56 / 100
37 / 100
House Prices
48 / 100
62 / 100
Jobs
41 / 100
33 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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Melaleuca Park Primary School
Mount Gambier, SA, 5290 State R-7 -
Grant High School
Mount Gambier, SA, 5290 State U, 8-12
Property Story
16 Lakes Park Drive, Ob Flat, Sa, 5291 is a residential property . The estimated distance to the sea is 21.65km and at least 8.33KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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