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SA › Mawson Lakes › Garden Tce

U412, 42-48 Garden Tce, Mawson Lakes SA 5095

For saleOther

$689,000–$719,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

1

Car spaces

85 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $689,000–$719,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $689,000–$719,000(Listing record · 13 Aug 2026)
  • FactLand 85 m²; no building size recorded.(Property record)
  • CalculationAsk is 24% below the Mawson Lakes median recorded sale ($910,000, n=50, 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 4.20% — 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

$689,000–$719,000

Asking range · $8,106/m² of land

No recorded sale for this property.

Mawson Lakes at a glance

14,909

People

$910,000

Median sale

$556/wk

Median rent

3.18%

Suburb gross yield

Median sale from 50 recorded sales (last 12 months) — a Districts calculation.

See the full Mawson Lakes report →

Vs Mawson Lakes

-24.3%

Median sale

Suburb $910,000

+1.02 pp

Gross yield

Suburb 3.18%

Suburb median $910,000 from 50 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
$689,000
Stamp Duty (South Australia)
$31,725
Transfer/Registration Fee
$7,073
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
$731,498

$42,498 on top of the price (6.2% 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
2.70%
Annual cashflow (pre-tax)
$-17,251
Interest cover (DSCR)
0.52
Annual rent
$28,912
Operating expenses
$10,335
Loan amount
$551,200
Annual interest
$35,828
Gross yield
4.20%

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$689,000–$719,000available13 Aug 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 4.2%. 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

$910,000

Median sale

$556/wk

Median rent

3.18%

Suburb gross yield

Median sale from 50 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 Garden Tce →

Listing material

Listed by Ray White Modbury Dulwich

Sophisticated Apartment Living with Your Own Private Rooftop Retreat

Ray White Modbury proudly presents a unique opportunity to secure a stylish and contemporary apartment offering the perfect blend of modern living, low-maintenance convenience and an enviable lifestyle in the heart of Mawson Lakes.

Welcome to 412/42-48 Garden Terrace, Mawson Lakes!

Positioned within a secure and well-maintained complex, this impressive two-level residence offers a lifestyle rarely found in apartment living. Combining modern finishes, generous accommodation and a private rooftop entertaining space, this home is perfectly suited to first home buyers, professionals, downsizers and investors alike.

Read the full description

The main level has been thoughtfully designed to maximise comfort and functionality, featuring a light-filled open-plan kitchen, dining and living area that seamlessly flows through to a private balcony. Whether you're entertaining guests or simply relaxing after a long day, this welcoming space provides the perfect setting.

The modern kitchen is well-equipped with quality appliances, including a dishwasher, ample storage and plenty of bench space for everyday cooking and entertaining.

Accommodation consists of two generously sized bedrooms, both complete with built-in robes. The master suite is serviced by its own ensuite, while a second bathroom provides convenience for guests and everyday living. A dedicated study nook offers the perfect work-from-home setup, while the European laundry enhances the home's practical design.

The true standout feature of this residence is the private rooftop terrace, offering an incredible extension of the living space. Whether you're entertaining family and friends, enjoying a morning coffee or taking in the surrounding views, this exclusive retreat provides a lifestyle opportunity that is rarely available.

Year-round comfort is assured with ducted heating and cooling throughout, while secure undercover parking and controlled building access provide added convenience and peace of mind.

MORE TO LOVE

-Exclusive rooftop terrace, your own private sanctuary for entertaining, relaxing or soaking up the views.

-Convenient rooftop storage area, providing valuable extra space for outdoor furniture, seasonal items or everyday essentials.

-Spacious master suite featuring a private ensuite and direct balcony access.

-Stylish second bathroom conveniently servicing guests and bedroom two.

-Light-filled open-plan kitchen, dining and living area designed for modern living.

-Contemporary kitchen complete with dishwasher, ample storage and plenty of bench space for cooking and entertaining.

-Dedicated study nook, ideal for working from home, studying or managing everyday tasks.

-Cleverly designed European-style laundry, maximising space without compromising functionality.

-Ducted heating and cooling throughout for year-round comfort.

-Ceiling fan to the master bedroom for added comfort and airflow.

-Secure undercover car parking for convenience and peace of mind.

-Secure building access providing an added layer of privacy and security.

-Fantastic lock-up-and-leave lifestyle perfect for professionals, downsizers and investors alike.

-Low-maintenance living in one of Adelaide's most sought-after lifestyle precincts.

Perfectly positioned in the heart of Mawson Lakes, this home places a fantastic range of amenities right at your doorstep. Enjoy being within walking distance to the picturesque lake, cafés, restaurants, local shopping and public transport options. Mawson Lakes Central is only moments away, while the University of South Australia Mawson Lakes Campus, local schools, parks and walking trails further enhance the lifestyle appeal.

With easy access to the Adelaide CBD via the Mawson Lakes Interchange train station, bus or major arterial roads, Mawson Lakes continues to be one of Adelaide's most popular locations for those seeking convenience, connectivity and a vibrant community atmosphere.

Offering modern finishes, flexible living spaces and the rare luxury of your own private rooftop retreat, 412/42-48 Garden Terrace, Mawson Lakes is an opportunity you won't want to miss.

An inspection is an absolute must and all questions can be directed to:

Damanjeet Singh (DJ) - 0469 851 244

Jatin Arora - 0466 466 042

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

RLA 352067

Listing description written by Damanjeet Singh, Ray White Modbury Dulwich — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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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.