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.
SA › Mawson Lakes › Franklin St
$700,000
Last sold
1 July 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
240 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$700,000
1 July 2026 · derived via latest_sale
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.
Vs Mawson Lakes
-22.2%
Median sale
Suburb $900,000
+0.92 pp
Gross yield
Suburb 3.21%
Suburb median $900,000 from 51 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning 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.
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
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by exp Australia SATeam Krish Gajera from eXp Realty proudly presents 29 Franklin Street, Mawson Lakes – a well-maintained and thoughtfully designed townhouse offering comfortable, low-maintenance living in one of Adelaide's most sought-after suburbs.
Whether you're a first-home buyer looking to enter the market, an investor seeking a quality property with immediate rental income, or a downsizer wanting convenience without compromise, this property ticks all the right boxes.
Positioned in a quiet and convenient location, this modern home offers a practical floorplan, multiple outdoor living spaces, and easy access to schools, shopping, public transport, and the vibrant Mawson Lakes lifestyle.
Investment Opportunity
Currently tenanted under a fixed-term lease until April 2027, returning approximately $2,700 per month, providing investors with immediate rental income and peace of mind.
Property Features
Ground Floor
• Spacious open-plan living and dining area
• Stylish hybrid flooring throughout living areas
• Well-appointed kitchen with gas cooktop and pantry
• Convenient ground-floor toilet
• Security screen door for added peace of mind
• Whole-house water filtration system
• Linen storage cupboard
• Private pergola area perfect for outdoor entertaining
First Floor
• Master bedroom with split-system air conditioning, carpet flooring and private ensuite
• Ensuite featuring double vanity and quality tiled finishes
• Two additional bedrooms
• Central bathroom with attached toilet
• Carpet flooring throughout upper level
• Balcony providing an additional outdoor retreat
• Window blinds throughout
Location Benefits
Enjoy everything that makes Mawson Lakes one of Adelaide's most desirable suburbs:
• Walking distance to parks, reserves and walking trails
• Close to Mawson Lakes Central Shopping Centre
• Minutes to cafés, restaurants and everyday amenities
• Easy access to public transport including Mawson Lakes Train Station and bus services
• Convenient access to Salisbury Highway and Port Wakefield Road
• Approx. 20 minutes to Adelaide CBD
• Surrounded by lakes, playgrounds and family-friendly open spaces
Schooling Options Nearby
• Close to Mawson Lakes School
• Near Endeavour College
• Convenient access to University of South Australia Mawson Lakes Campus
• Various childcare and early learning centres nearby
With strong rental returns, a fixed-term tenancy in place until April 2027, modern comforts, and an unbeatable location, this is an outstanding opportunity to secure a quality property in the ever-popular Mawson Lakes market.
Contact Team Krish Gajera today for further information or to arrange an inspection.
Disclaimer:
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
Listing description written by Krish Gajera, exp Australia SA — reproduced as published, not verified by Districts.