49 Elder Drive, Mawson Lakes SA 5095

4-bedroom house | 288m² on compact 300m² block | built 2006 | sought-after Mawson Lakes | low flood and bushfire risk This property offers a rare configuration advantage in Mawson Lakes: a four-bedroom, three-bathroom house with four car spaces on a compact block, built in 2006. The 288m² internal area provides substantial living space relative to the 300m² block, which suggests efficient design and minimal outdoor maintenance. For a buyer seeking a low-maintenance, family-sized home in a suburb with strong owner-occupier demand and 61% owner occupancy, this property positions well. The contemporary build year and absence of flood or bushfire risk reduce long-term holding concerns. The property is best suited to families or investors targeting stable rental demand in a well-regarded location. The primary risk is the compact block size, which may limit future extension potential and appeal to buyers seeking larger land. The 2017 last sale date and current listing indicate possible price sensitivity in the market. However, the property’s low risk profile, combined with its practical layout and sought-after suburb, offers a solid opportunity for a buyer who values space over land. The absence of heritage listing provides flexibility for renovations. Overall, this property represents a sound, low-risk acquisition for a buyer prioritizing immediate livability and location over land banking.