106/20-24 Metro Parade, Mawson Lakes SA 5095
106/20-24 Metro Parade, Mawson Lakes SA 5095
2 bed 1 bath apartment with 2 car spaces on 88m² lot|Built 2011 in established complex|Catchment for Mawson Lakes School 0.4km away|Steady demand from young professionals|128
Compact apartment in a multi-unit complex on Metro Parade suits first-home buyers, downsizers or investors seeking low-maintenance living. Offers open parking, NBN fibre and 5G coverage with no flood or bushfire risks in Salisbury Council area. Positioned in family-oriented Mawson Lakes, close to primary school (R-6 government, 702 students) and high school, appealing to those with kids. Nearby independents add options. Master-planned suburb draws young families and professionals for green spaces and connectivity, though traffic peaks during rush hour pose minor commute drawbacks. Stable rental demand from workforce renters supports yields around area norms. Growth tied to ongoing precinct developments boosting amenities. Opportunities in value-add updates; risks limited to shared strata maintenance. Configuration favors efficient living without excess space.
Market Insight:
A master-planned lakeside community with a connected tech precinct keeps owner-occupiers interested while investors still get rental yields near 4-5%. (( Low stock, 206 house sales and 1889 registered buyers over the past year with a 31-day median on market highlight why people buy here for education, transport and lifestyle certainty. (( Prices have risen steadily across the past six months, tracking roughly 11-12% annual house growth and 14% for units, although buyers should weigh rate sensitivity against still-tight supply as the technology precinct expands. ((