OFF MARKET

29/51 Victoria Parade
Mawson Lakes SA 5095

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 81m2
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Property Details for 29/51 Victoria Pde, Mawson Lakes

29/51 Victoria Pde, Mawson Lakes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 81m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2014
Floor Size
69m2
Land Size
81m2
Local Government
Salisbury
Lot/Plan
F29/C28307

Last Listing description (August 2022)

THE LOCATION
Located in the Cascades Estate of Mawson Lakes it is a short stroll to Cascades Lake and playgrounds. Walking distance to restaurants and cafes, the fantastic shopping precinct of Mawson Lakes, quality Primary and Secondary Schools, UNISA, public transport, includes rail to the Adelaide CBD, walking trails and recreational reserves ideal for spending quality family time and only minutes away.

THE RESIDENCE

This apartment complex is known to be tightly managed with low strata fees and a high level of care taken when maintaining the building. Comprising of 2 bedrooms, this is low maintenance living at its best. From the moment you walk inside you'll love the modern kitchen with an island bench and sink, opening onto the meals and entertaining area. This property, currently leased to DHA has a fantastic return of $340 per week, with a fixed term until May 12th 2025.

With 95m2 of living with balcony space, this apartment features stainless-steel appliances (including dishwasher), timber floating floors in living zones and reverse cycle air conditioning through-out. It also includes a single secure off-street parking, and lift access.

FEATURES:
Leased to DHA for $340 per week, with a fixed term until May 12th 2025
Total Living including Balcony 95m2
Quality Timber Floors Throughout
Split System Air Conditioning
Secure Off-street Parking
Down Lights Throughout
Large Private Balcony

Secure long-term investment opportunity & definitely not to be overlooked, all enquiries welcome.

Please note: Ray White Salisbury are working under DHA requirements. Prospective buyers must request a private open inspection. Please call Justin Irving or Damanjeet Singh to organise a private viewing.

Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representation is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for errors or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the contract of sale.

Property History for 29/51 Victoria Pde, Mawson Lakes, SA 5095

A timeline of how this property has performed in the market
Last Sold
$310,000
08 Aug 2022
  • 08 Aug 2022
    Sold for $310,000
  • 27 Jun 2022
    Listed for Sale $299,000 - $319,000
  • 16 Jul 2014
    Sold for $267,585

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About Mawson Lakes 5095

The size of Mawson Lakes is approximately 6.3 square kilometres. It has 47 parks covering nearly 33.1% of total area. The population of Mawson Lakes in 2011 was 10,871 people. By 2016 the population was 13,273 showing a population growth of 22.1% 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 2011, 63.4% of the homes in Mawson Lakes were owner-occupied compared with 56.5% in 2016.

Mawson Lakes has 6,545 properties. Over the last 5 years, Houses in Mawson Lakes have seen a 73.79% increase in median value, while Units have seen a 103.02% increase. As at 31 October 2024:

  • The median value for Houses in Mawson Lakes is $863,889 while the median value for Units is $549,745.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 37 properties listed for sale, and 18 properties listed for rent in Mawson lakes on OnTheHouse. According to CoreLogic's data, 353 properties were sold in the past 12 months in Mawson lakes.

Suburb Insights for Mawson Lakes 5095

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.