Metro Parade Mawson Lakes

It’s not every day that we get to bring you a property that is literally a stones throw away from where we call home!

This fantastic opportunity in the heart of Mawson Lakes sees a complex of 16 town houses, in such a vibrant area!

Whether you opt to have one of 8 town houses that front onto metro parade itself, or choose to have one of the more secluded 8 that are further off street, you will still have the same great value and quality.

Prices for a 2 bedroom (3 bedroom also available) town house start from $362,600

It’s not every day that we get to bring you a property that is literally a stones throw away from where we call home!

This fantastic opportunity in the heart of Mawson Lakes sees a complex of 16 town houses, in such a vibrant area!

Whether you opt to have one of 8 town houses that front onto metro parade itself, or choose to have one of the more secluded 8 that are further off street, you will still have the same great value and quality.

Prices for a 2 bedroom (3 bedroom also available) town house start from $362,600

Each town house comes full turn key, and fitted out with:

  • 2.7m ceilings on all levels
  • ducted reverse cycle air conditioning
  • designer kitchen with stainless steel appliances (including dishwasher)
  • full landscaping and fencing
  • quality floor coverings throughout
  • automatic roller doors to each carport

The Location is by far one of its greatest Assets!

The complex is across the road from the Mawson lakes Public Transport Hub, this proximity to public transport is a strong indicator of growth potential,

It is also approximately a 600 metre walk from:

  • a diverse shopping centre, including a woolworths
  • Mawson lakes School
  • Town Centre and Library
  • Mawson Lakes Medical Center

As well as being just a 13 minute walk from University of South Australia!

Investing in Mawson Lakes

Vacancy Rate: 4.1% (data sourced from sqmresearch on 25/2/2016)

A 4.1% vacancy rate is not ideal for landlords, it shows that the market is resting slightly in the tenant’s favour (see more about vacancy rates)

Having said that, a 4.1% vacancy rate is still not an exceptionally high rate, and it would be reasonable to anticipate that a brand new home in this particular location would have a very good showing in the rental market.

Rental yield: The current rental yield for a 2 bedroom house in Mawson Lakes is 4.6% (sourced from realestate.com.au on 25/2/2016)

This is considered to be a standard rental yield, potentially making it a prime candidate to be a cash flow positive property.

Previous Annual Growth: Mawson Lakes experienced a 3.1% annual growth (data sourced from realestate.com.au on 25/2/2016)

To put this into perspective, if the region continued growing at this rate for the next ten years, this is what you could expect in terms of actual value growth:

Initial purchase price $362,600

Potential Value of property in 10 years time $492,055

Potential Wealth Generated $129,455

That would be a value growth of close to $13,000 per year on the investment, for a property that is potentially cash flow positive!

Note: There is no perfect science or method to accurately predict the exact value growth that a region will experience in the future.