2/105-107 Elder Dr, Mawson Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in March 2022.
Great Investment Apartment With Excellent Rental Yield, Park Your Money In Property....
Well positioned 1 bedroom apartment in this very convenient location in Mawson Lakes, a ready pool of tenants are always seeking out low maintenance properties close to the amenities that are within minutes of their front door.
Nearby to the Mawson Interchange and a host of shopping, cafes / coffee shops, restaurants, Uni SA Mawson Lakes Campus, Technology Park, Endeavour College & Mawson Lakes Golf Course.
This1 bedroom ground floor apartment are secure low maintenance home for busy professionals, white or blue collar workers and students alike, easy living & low care with no garden at all to maintain leaving more time to hit the gym, catch up with friends or plan your weekend festivities.
Low fees means owning one of these leaves more money in your pocket; leased to a reliable tenant who is looking to stay on ensures that the investor or SMSF will have steady reliable income from day 1. These properties are always keenly sought after and are rarely vacant for more than the time it takes to change over lease and conduct the necessary outgoing inspections & bond refunds.
With bank interest rates at an all time low money is very cheap and the interest on deposit balances is negligible; why park your money in the bank when you can put it to work here!
What you need to know:
U2 leased at $250 Per Week on a periodic lease. (U3 & U6 have just been leased at $270 PW).
U2 Community Fees are $260 Per Quarter
Rental yield of around 6% approximately means these could be positive cashflow **
** Individual circumstances may vary, return dependent on variables such as deposit, purchase price, property
management fees / self managing etc.
Please do your own due diligence and speak with your accountant, broker or financial advisor when assessing
investment returns.
Call Kevin at Jump Property (RLA 260 752) today to find out more and register your interest to attend an inspection
The size of Mawson Lakes is approximately 6.3 square kilometres. There are 47 parks, covering nearly 33.1% of the total area. The population of Mawson Lakes in 2016 was 13297 people. By 2021 the population was 13794 showing a population growth of 3.7% in the area during that time. The predominant age group in Mawson Lakes is 20-29 years. Households in Mawson Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mawson Lakes work in a professional occupation.In 2021, 58.90% of the homes in Mawson Lakes were owner-occupied compared with 56.50% in 2016.
Mawson Lakes has 6,558 properties. Over the last 5 years, Houses in Mawson Lakes have seen a 88.59% increase in median value, while Units have seen a 114.26% increase. As at 31 May 2026:
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