9 Yates Street, Mawson Lakes SA 5095
9 Yates Street, Mawson Lakes SA 5095
2-bed unit, 2008 build | secure gated complex | 77 m², low-maintenance | near UniSA, strong rental demand | compact lot, strata living
This unit holds a clear competitive edge for its target buyer: a modern, secure, low-maintenance apartment in a suburb where attached dwellings are well established and sought after. The 2008 build means it avoids the wear of older stock, while the floor-to-ceiling glass and open-plan layout give it a brighter, more contemporary feel than many comparable units in the area. Its position near UniSA and the tech precinct makes it especially suited to investors chasing steady rental demand, or first-home buyers and downsizers who want a lock-and-leave lifestyle without compromising on access to shops, parks, and transport. The gated complex and on-site parking add practical security and convenience that strengthen its appeal in a pocket dominated by student and professional renters.
The value picture may be shaped by a few factors worth weighing. The 13 m² lot is unusually small, which might limit land-component growth compared to houses or townhouses, though this is typical for apartments. Strata rules and communal laundry arrangements could affect owner-occupier comfort, so reviewing the complex’s bylaws is sensible. Rental yield appears healthy based on current estimates, but that depends on maintaining tenant demand from the education sector. The absence of bushfire, flood, or heritage overlays reduces planning risk, while NBN and 5G availability support modern living expectations.
|| Comparable Sales: 11/13 Yates Street sold $180,000 in 2020 | Property Price Band: $400,000–$500,000 | Value Drivers: modern condition, secure complex, proximity to education and transport hubs
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Yates Street, Mawson Lakes SA 5095
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
This suburb presents a compelling investment profile, with its housing market demonstrating robust capital appreciation and its unit segment offering notably strong growth and attractive rental yields. The market is active, with properties transacting efficiently, indicating sustained buyer interest. While specific demand drivers are not detailed, the performance suggests appeal to both owner-occupiers and investors seeking value. Future growth will hinge on broader economic factors and local infrastructure, with the primary constraint being a lack of detailed data on underlying demographic and supply dynamics.
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PropCred Estimated Value
Comparable Sales: 11/13 Yates Street sold $180,000 in 2020 | Property Price Band: $400,000–$500,000 | Value Drivers: modern condition, secure complex, proximity to education and transport hubs
Bedrooms
3
Bathroom
2
Parking
2
Land
195m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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