Mount Schank is a picturesque locality in South Australia, characterised by its stunning volcanic landscapes and close-knit community. Located near the coastal city of Mount Gambier, this area offers a unique blend of tranquillity and natural beauty, making it an appealing destination for families, retirees, and nature enthusiasts alike. This article delves into the best residential areas in Mount Schank, providing insights into their specific features, housing options, amenities, and average prices.
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Mount Schank Village

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Mount Schank Village is the central hub of the locality, offering a charming community atmosphere with essential amenities nearby. It is perfect for those who enjoy a rural lifestyle while still having access to modern conveniences.
Characteristics of the Mount Schank Village
* Culture: Strong community spirit with local events and gatherings
* Transportation: Car is essential; however, there are local bus services to Mount Gambier
* Services: General store, local cafe, and community centre
* Environment: Friendly and welcoming
Housing Options in the Mount Schank Village
Cottages, Family homes
Average Home Prices in the Mount Schank Village
* Buying: $350,000 – $500,000
* Renting: $1,200 – $1,500/month
The Crater Lakes Area

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The Crater Lakes Area is renowned for its scenic beauty and outdoor activities. This neighbourhood is best suited for nature lovers, with numerous walking trails and picnic spots that showcase the stunning volcanic craters.
Characteristics of the The Crater Lakes Area
* Culture: Outdoor activities and conservation-focused community
* Transportation: Best navigated by car; trails accessible for walking
* Services: Limited; mainly local parks and recreational facilities
* Environment: Serene and nature-oriented
Housing Options in the The Crater Lakes Area
Rural homes, Weekend retreats
Average Home Prices in the The Crater Lakes Area
* Buying: $300,000 – $450,000
* Renting: $1,000 – $1,300/month
Lakeside Drive

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Lakeside Drive offers scenic views of the nearby lakes and is perfect for families who value space and a close connection to nature. The area features spacious homes surrounded by parks.
Characteristics of the Lakeside Drive
* Culture: Family-friendly atmosphere with recreational opportunities
* Transportation: Car preferred, easy access to main roads
* Services: Local parks and playgrounds, proximity to schools in Mount Gambier
* Environment: Calm and family-oriented
Housing Options in the Lakeside Drive
Family homes, Townhouses
Average Home Prices in the Lakeside Drive
* Buying: $400,000 – $600,000
* Renting: $1,300 – $1,800/month
Mount Schank Estate

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The Mount Schank Estate is an up-and-coming residential area, featuring modern homes and a welcoming environment. Ideal for young families and first-home buyers, this estate offers affordable housing options.
Characteristics of the Mount Schank Estate
* Culture: Diverse community with various demographics
* Transportation: Convenient access to public transport to nearby cities
* Services: New amenities including parks, shops, and cafes
* Environment: Modern and vibrant
Housing Options in the Mount Schank Estate
New builds, Duplexes
Average Home Prices in the Mount Schank Estate
* Buying: $350,000 – $500,000
* Renting: $1,200 – $1,600/month
Shady Grove

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Shady Grove is a tranquil and secluded area, popular among retirees and those seeking a peaceful lifestyle. The neighbourhood is surrounded by lush greenery and offers spacious blocks.
Characteristics of the Shady Grove
* Culture: Quiet neighbourhood with a focus on nature preservation
* Transportation: Car essential, with good road access
* Services: Limited; predominantly residential with small local shops
* Environment: Relaxed and laid-back
Housing Options in the Shady Grove
Large homes on generous plots, Retirement villas
Average Home Prices in the Shady Grove
* Buying: $380,000 – $500,000
* Renting: $1,100 – $1,400/month
Volcanic Heritage Area

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The Volcanic Heritage Area offers a unique lifestyle near significant geological sites. This neighbourhood appeals to those interested in history and geology, with well-preserved landscapes.
Characteristics of the Volcanic Heritage Area
* Culture: Educational opportunities and nature conservation
* Transportation: Car recommended; several scenic routes available
* Services: Visitor centres and guided tours available
* Environment: Culturally rich and historically significant
Housing Options in the Volcanic Heritage Area
Heritage-listed homes, Modern residences
Average Home Prices in the Volcanic Heritage Area
* Buying: $400,000 – $550,000
* Renting: $1,200 – $1,700/month
Frequently Asked Questions About the Best Residential Areas in Mount Schank:
The best residential areas in Mount Schank include Mount Schank Village, the Crater Lakes Area, Lakeside Drive, Mount Schank Estate, Shady Grove, and the Volcanic Heritage Area.
Shady Grove is renowned for its tranquillity and spacious blocks, making it ideal for those seeking peace and quiet.
Mount Schank Estate offers new, affordable housing options appealing to first-home buyers and young families.
Mount Schank Village has the best access to essential services such as shops, cafes, and a community center.
Mount Schank offers a range of properties including family homes, cottages, duplexes, and heritage-listed residences.
Public transport is limited in Mount Schank; however, local bus services connect residents to nearby Mount Gambier.
The community in Mount Schank is friendly and tight-knit, with frequent local events that foster a welcoming atmosphere.
Yes, areas like Lakeside Drive and Mount Schank Estate are very family-friendly, with good access to parks and schools.
Mount Schank offers various outdoor activities including hiking, picnicking at the Crater Lakes, and nature walks.
The average housing prices in Mount Schank range from approximately $300,000 to $600,000, depending on the area and type of property.
Conclusion on the Best Residential Areas in Mount Schank:
Mount Schank offers a variety of residential areas, each with its unique charm suitable for different lifestyles. Whether you're drawn to the vibrant community of Mount Schank Village, the serene surroundings of Shady Grove, or the family-oriented atmosphere along Lakeside Drive, there’s something for everyone. This locality combines the beauty of nature with community spirit, making it an appealing destination for both first-home buyers and those looking to settle in a peaceful environment. With a range of housing options and prices to suit varying budgets, Mount Schank presents an exciting opportunity in the South Australian real estate market.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.