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 Ave
$1,171,000
Last sold
17 Nov 2025
5
Bedrooms
2
Bathrooms
4
Car spaces
438 m²
Land
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
$1,171,000
17 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Mawson Lakes (last 5 years) with land size have a median of $3,056/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
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
+30.1%
Median sale
Suburb $900,000
-0.74 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 Ray White ProspectRenowned for its scenic lakeside trails and neighbourly vibe, Mawson Lakes has become a mecca for savvy buyers seeking a life less hectic, but still well-served by lively shopping hubs, quality schooling from ELC to uni, and offering stress-free commutes into the heart of the city. Oozing a high-end charm with its contemporary fit-out over two air-conditioned levels and boasting multiple living, entertaining and recreational or hobby spaces, 62 Franklin Avenue could be the home that holds the key to your family's future.
Downstairs, honey-toned timber floors run from an impressive entry foyer stretching endlessly upwards, through the dining room and family living area into a designer kitchen and formal lounge. Upstairs, the coverings switch to plush dark-hued carpet across the sleeping quarters and a bonus retreat at the top of the landing. A family-friendly 5-bedroom floorplan includes a lush master with a super-roomy walk-in wardrobe and a deluxe ensuite with twin basins to ensure smooth traffic flow through peak-hour prep times.
Entertaining the family or a tribe of friends will be a breeze with so many light-filled indoor spaces to socialise in, plus a massive, fan-cooled all-weather pergola overlooking the terraced rear yard; and with its huge walk-in pantry, a centralised gas cooking zone, and abundant storage, the stunning kitchen is more than up to the task of feeding a house full of ravenous dinner guests.
Whether you're working, playing or resting, ducted A/C throughout the main home ensures comfort levels can always be optimised, while this property's surprise addition - a substantial home studio/hobby/gym space - accessed from the backyard and flowing through to a handy two-way storage shed, is fitted with a wall-mounted A/C unit.
Centrally located for cruisy walks to pretty lakeside picnic areas, playgrounds, or the train station for hassle-free trips under 20 minutes into town, and only a quick car ride to Mawson Lakes School and Parafield Gardens High, as well as Mawson Central for all your shopping and specialty retail needs - this exceptional property promises convenient living and the chance to prioritise your family's well-being.
FEATURES WE LOVE
• Beautifully presented modern 2-storey rendered residence offering 4 plush carpeted upstairs bedrooms including a massive master with a WIR and chic ensuite with twin vanity
• Gorgeous timber floors across the light-filled lower level connect the designer kitchen with its adjacent family living area, dining room and semi-open formal lounge
• Stunning tapware, stylish pendant lights over the breakfast bar, a huge walk-in pantry, statement gas cooker, and abundant storage ensure entertaining is easy and enjoyable
• Second living space on the upper landing plus a bonus home office/gym/hobby room with split system AC at the side of the house connecting to a big storeroom with roller door to front yard
• A fan-cooled covered pergola extending the full width of the house and overlooking lush lawn and terraced rear gardens - the perfect alfresco entertaining space
• Ducted refrigerated AC throughout both floors of the home & a separate evaporative AC system to upstairs
• Valuable understairs storage, a dedicated laundry and remote access double garage
• Downstairs toilet
LOCATION
• Walk around the corner to Cascades Village Reserve for revitalising lakeside trails, BBQ and playtime
• Only a little further on foot to Mawson Lakes Interchange for bus and rail options into town
• A sub-6-minute drive to Mawson Lakes School, Parafield Gardens High and Uni SA's Mawson Lakes Campus
• Also only 6 minutes by car to Mawson Central for your weekly grocery stock-up, specialty stores, eats and treats
• 30-minute drive into the heart of the city
Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate, however, and we accept no liability for any errors or omissions - including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice.
As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.
Listing description written by Lawrence Cocca, Ray White Prospect — reproduced as published, not verified by Districts.