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 › Metro Pde
$560,000–$580,000
For sale
Asking range
2
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$560,000–$580,000
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.
Vs Mawson Lakes
-37.8%
Median sale
Suburb $900,000
+1.95 pp
Gross yield
Suburb 3.21%
Suburb median $900,000 from 51 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$34,038 on top of the price (6.1% extra)
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.
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.
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.
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.
Gross yield if leased at the suburb aggregate is 5.2%. 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
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 REAL Agents & AuctioneersWake up to beautiful views, enjoy your morning coffee on the balcony, and embrace the convenience of Mawson Lakes living.
Beautifully maintained by its current owners, this impressive top-floor apartment in the sought-after Cornerstone Apartments offers modern, low-maintenance living in the heart of Mawson Lakes.
Featuring two well-proportioned bedrooms, spacious open-plan living and a large street-facing balcony, the apartment is designed for both comfort and entertaining. The light-filled living and dining area flows seamlessly outdoors, while the well-appointed horseshoe-style kitchen provides plenty of storage and stainless-steel appliances.
The master bedroom enjoys direct access to the generous balcony, creating a private retreat with wonderful views. With approximately 2.7m ceilings, reverse-cycle air conditioning and a contemporary bathroom with double vanities, this apartment offers a comfortable and stylish lifestyle.
Whether you're looking for your first home, an investment or a convenient lock-up-and-leave property, this is an opportunity not to be missed.
FEATURES YOU'LL LOVE
Two bedrooms, both with built-in wardrobes
Master bedroom with direct balcony access
Light-filled open-plan living and dining
Large street-facing balcony with wonderful views
Stylish kitchen with stainless-steel appliances and ample storage
Approximately 2.7m high ceilings
Reverse-cycle air conditioning
Contemporary bathroom with double vanities
Secure car parking for one vehicle
Elevator access
Secure swipe-card building entry
LOCATION
Enjoy everything Mawson Lakes has to offer, with cafés, restaurants, shopping and transport all within easy reach.
Walking distance to local cafés, restaurants and eateries
Close to Foodland and Woolworths
Easy access to scenic walking trails and reserves
Moments from Mawson Lakes Train Station, providing convenient access to Adelaide CBD and beyond
Walking distance to UniSA Mawson Lakes Campus
Excellent public transport connections
Offering a fantastic combination of lifestyle, location and low-maintenance living, this beautifully presented apartment is ready to move in and enjoy.
**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.
RLA 232366
Listing description written by Gareth Dickins, REAL Agents & Auctioneers — reproduced as published, not verified by Districts.
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