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SA › Mawson Lakes › Metro Pde

109/6-14 Metro Pde, Mawson Lakes SA 5095

For saleApartment

$479,000–$499,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $479,000–$499,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $479,000–$499,000(Listing record · 15 July 2026)
  • CalculationAsk is 47% below the Mawson Lakes median recorded sale ($900,000, n=51, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mawson Lakes's advertised median rent ($556/wk), implied gross yield would be 6.04% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$479,000–$499,000

Asking range

No recorded sale for this property.

Mawson Lakes at a glance

14,909

People

$900,000

Median sale

$556/wk

Median rent

3.21%

Suburb gross yield

Median sale from 51 recorded sales (last 12 months) — a Districts calculation.

See the full Mawson Lakes report →

Vs Mawson Lakes

-46.8%

Median sale

Suburb $900,000

+2.83 pp

Gross yield

Suburb 3.21%

Suburb median $900,000 from 51 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$479,000
Stamp Duty (South Australia)
$20,280
Transfer/Registration Fee
$4,868
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$507,848

$28,848 on top of the price (6.0% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Mawson Lakes's advertised median rent — not a rent for this listing.

Net yield
4.54%
Annual cashflow (pre-tax)
$-3,181
Interest cover (DSCR)
0.87
Annual rent
$28,912
Operating expenses
$7,185
Loan amount
$383,200
Annual interest
$24,908
Gross yield
6.04%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$479,000–$499,000available15 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $556/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 6.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mawson Lakes in one glance

Mawson Lakes at a glance

14,909

People

$900,000

Median sale

$556/wk

Median rent

3.21%

Suburb gross yield

Median sale from 51 recorded sales (last 12 months) — a Districts calculation.

See the full Mawson Lakes report →

Keep researching

  • Why Mawson Lakes? Read the area thesis →
  • What else is on the market in Mawson Lakes →
  • Other records on Metro Pde →

Listing material

Listed by Century 21 First Choice In Real Estate

Lifestyle and Convenience Living in Aqua Apartments

Lifestyle and Convenience Living in Aqua Apartments

Positioned in the highly sought-after Aqua Apartments, this modern two-bedroom apartment offers an outstanding opportunity to secure a low-maintenance home or investment in one of Adelaide's most connected suburbs.

Designed with space in mind, the apartment welcomes you into a light-filled open-plan living and dining, Whether you're entertaining family and friends or simply enjoying your morning coffee, the outdoor space provides an extension of the home's living area.

Read the full description

The modern kitchen overlooks the spacious open-plan living area and features quality stainless steel appliances, offering the perfect blend of style, functionality, and convenience for everyday cooking and entertaining.

Both bedrooms are generously sized and include built-in robes, while the centrally positioned bathroom and laundry combination has been thoughtfully designed for convenience. A split system air conditioner ensures year-round comfort, while secure undercover parking, lift access, swimming pool and gym facilities add to the appeal of this well-maintained complex.

Perfectly positioned within walking distance of Woolworths, cafés, restaurants, UniSA, public transport, the picturesque Mawson Lakes waterfront, and local schools, this outstanding home offers an exceptional lifestyle opportunity for first home buyers, professionals, downsizers, and savvy investors alike.

Features You'll Love

Two generous bedrooms, both with built-in robes

Spacious open-plan living and dining area

Large entertainer's balcony

Modern kitchen with stainless steel appliances

Bathroom and laundry combination

Split system air conditioning

Secure undercover car park

Lift access throughout the complex

Resident access to swimming pool and gym facilities

Ideal first home, downsizer or investment opportunity

A fantastic opportunity to secure a spacious, well-maintained home in a sought-after and family-friendly location with future potential.

Local Council: City of Salisbury

Council Rates: $1366.40 PA (approx.)

Water Rates Supply and Sewerage: $88 per quarter (approx.) & $94 per quarter (approx.

COMMUNITY CORP INC (Strata fee): $1490. per quarter(approx.)

Current Rental I Written Rental Appraisal provide on request $500 -$540

IMPORTANT NOTES FOR PROSPECTIVE BUYERS

*Where measurements or land size are quoted, they are an approximation only and based upon land title information or third-party measurement. You must make your own enquiries as to the accuracy of any measurements quoted. Century 21 First Choice In Real Estate does not guarantee the accuracy of quoted measurements. All development enquiries and site requirements should be directed to the appropriate local government authority.

*Inspections prior to the first advertised open inspection are unfortunately not available for this property. Would-be buyers should conduct their own due diligence on all aspects of this property. Rest assured that should you have an offer accepted by the vendor(s) you will be afforded every opportunity to conduct full due diligence prior to your contract becoming binding. Arrange any inspections by negotiating with the agent for property access within the contract allowed date or during the cooling off period.

*The Form 1 (vendor statement) will be provided to the purchaser either prior to, or soon after a contract has been offered. The cooling off period will ensue after the formal acceptance of the contract by all parties and the serving of the vendor statement to the successful purchaser.

*As this is a private treaty sale, in an effort to provide maximum opportunity to all prospective buyers the agent will make best efforts to ensure that every would-be buyer gets an opportunity to express interest in the property prior to presentation of offers to the vendor, however inspections outside of advertised open inspections can not be guaranteed. If you are unable to make it to an advertised inspection, please ensure that a friend or agent can attend on your behalf as things often move along very quickly after a first public inspection and it may not be possible for the agent to accept an offer from you once negotiations are underway with another party.

*Please note that although it is certainly the agent's intention to conduct at least one public open inspection prior to any offers being considered by the vendor, all offers will be submitted, and the vendor reserves the right to accept an offer at any time either before or after the property has been advertised or inspected.

For any further information, or to make a time to inspect, please contact Paras Doshi on 0433 161 400.

Listing description written by Paras Doshi, Century 21 First Choice In Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.