20A Riverside Street, Mawson Lakes, SA 5095 sold on 29 September 2025 | OnTheHouse
SOLD
Sold on 29 Sep 2025 for $687,500

20A Riverside Street
Mawson Lakes SA 5095

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 20a Riverside St, Mawson Lakes

20a Riverside St, Mawson Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2011. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom Townhouse sold in Mawson Lakes in the last 12 months.

Building Type
Townhouse
Year Built
2011
Local Government
Salisbury
Lot/Plan
F7/C26086

Last Listing description (September 2025)

Set-and-Forget Investment - DHA Lease Ensures Reliable Returns

An exceptional investment opportunity awaits in the highly sought-after Mawson Lakes precinct. Securely leased through Defence Housing Australia (DHA), this modern and spacious townhouse offers peace of mind with guaranteed rental income, professional property management, and minimal ongoing maintenance-making it an ideal 'set-and-forget' asset for savvy investors.

Set over two well-designed levels, this stylish 3-bedroom, 2.5-bathroom home combines functionality with comfort. The ground floor features light-filled, open-plan living and dining areas that flow seamlessly into a modern kitchen, complete with quality stainless steel appliances, ample bench space, and generous storage options. A walk-in storage room, separate laundry, and conveniently located guest toilet enhance the practicality of the layout.


The living area opens out to a private, low-maintenance courtyard and covered alfresco area-perfect for outdoor entertaining or quiet relaxation. A double garage with internal access offers secure off-street parking and additional storage.

Upstairs, the home continues to impress with three generously sized bedrooms. The master suite is a true retreat, featuring a private balcony, walk-in wardrobe, and a stylish ensuite bathroom. Bedrooms 2 and 3 include built-in robes and are serviced by a well-appointed central bathroom with quality fixtures and finishes.

Located in a quiet, tree-lined street just moments from shops, cafes, transport options, walking trails, and quality schools, this property offers an unbeatable combination of location, lifestyle, and long-term financial security.

Please note: This property is available for sale to investors only, as it is currently under a Defence Housing Australia lease and is not suitable for owner-occupiers.

What We Love:
• Secure DHA lease in place until July 2029
• Current DHA rent: $2,695.89 per month
• Open-plan living and dining
• Modern kitchen with stainless steel appliances
• Master bedroom with ensuite, walk-in robe, and balcony
• Built-in robes in bedrooms 2 & 3
• Main bathroom plus downstairs powder room
• Ducted reverse cycle air conditioning
• Double garage with internal access
• Low-maintenance courtyard

This is a rare opportunity to secure a DHA property without the wait list. Enjoy the confidence of a secure lease backed by the Australian Government - ideal for savvy investors seeking peace of mind and long-term growth.

Learn more about the advantages of DHA investment at: www.dha.gov.au/investing

Enquire today to secure this premium investment before it's gone!

Please contact Nick Bevan on 0407 917 456 for further information.


Property Details
Title / Community / 6063/112
Land Size / 117sqm (approx)
Internal Living / 109 sqm (approx)
Year of Build / 2011 (approx)
Zoning / UN - Urban Neighbourhood
Council / City of Salisbury
Council Rates / $345.55 p.q (approx)
Easements / NA
Encumbrance/ Defence Housing Australia Lease / Urban Renewal Authority
Current Rent / $2,695 per month


Please contact Nick Bevan on 0407 917 456 for further information.

Disclaimer: RLA 237185 - This advertisement contains information that is believed to be accurate at the time of publishing. Prospective purchasers are advised to conduct their own enquiries and inspections. As this property is under a DHA lease, it is not suitable for owner occupiers. The images and property details may not represent the current condition due to DHA privacy policy.

Property History for 20a Riverside St, Mawson Lakes, SA 5095

A timeline of how this property has performed in the market
Last Sold
$687,500
29 Sep 2025
  • 22 Sep 2025
    Sold for $687,500
  • 19 Aug 2025
    Listed for Sale $655,000 to $669,000
  • 02 May 2014
    Listed for Sale $399,000-$409,000 EACH
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About Mawson Lakes 5095

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 85.45% increase in median value, while Units have seen a 111.63% increase. As at 30 June 2026:

  • The median value for Houses in Mawson Lakes is $1,000,401 while the median value for Units is $610,001.
  • Houses have a median rent of $660 while Units have a median rent of $580.
There are currently 34 properties listed for sale, and 10 properties listed for rent in Mawson lakes on OnTheHouse. According to Cotality's data, 314 properties were sold in the past 12 months in Mawson lakes.

Suburb Insights for Mawson Lakes 5095

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.