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Location

Market Insights for Mawson Lakes SA 5095

New Listings (last 30 days)

Average price

$489,870

Lowest price

$250,000

Highest price

$579,000

405/1-5 Euston Walk, Mawson Lakes SA 5095

For Sale $575,000 - $600,000

Search Band

$575k - $604k Transparent Based on an openly advertised listing price.

Apartment 2 beds 1 bath 1 car

Listed: 2 days ago

Updated: 13 hours ago

Overview

This top-floor apartment at 405 / 1-5 Euston Walk in Mawson Lakes offers a rare combination of elevated living with exceptional views facing east towards the Adelaide Hills. Positioned in a prime location, it embodies a modern lock-and-leave lifestyle ideal for a diverse range of buyers including first home buyers, professionals, downsizers, and savvy investors.

Natural light floods the generous open-plan kitchen, living, and dining space, creating an inviting atmosphere that seamlessly extends through sliding doors to a spacious covered balcony. This outdoor area serves as a serene retreat, perfectly suited for entertaining or enjoying peaceful moments with sweeping vistas over the lakes, wetlands, and distant hills enhancing the property’s appeal.

The kitchen has been thoughtfully designed with functional layout and ample storage, equipped with quality appliances that support effortless daily living. The two well-sized bedrooms each include built-in robes, offering privacy and comfort, while the centrally positioned bathroom and separate European laundry add to the home’s practical and efficient design.

Secure undercover garage parking complements the apartment, easing daily convenience and security concerns. The location maximizes connectivity and lifestyle benefits, with cafés, restaurants, shopping, and public transport options all accessible on foot. Proximity to the Adelaide University Mawson Lakes campus places this home within easy reach for academics, students, and professionals, further broadening its market appeal.

Currently tenanted until April 2027, this property represents a compelling investment opportunity with the comforts and conveniences ideal for modern urban living in one of Adelaide’s most connected and amenity-rich suburbs.

Prestigious top-floor position with expansive eastern outlooks
Light-filled, integrated kitchen and living areas
Spacious balcony for outdoor living and entertaining
Two bedrooms featuring built-in storage
Central bathroom and dedicated laundry space
Secure undercover parking
Located within walking distance to local amenities and public transport
Close to university campus enhancing rental appeal

Local Market Insights

In Mawson Lakes, Quiet Listings observed 5 new apartments entering the market over the last 30 days, unchanged from 5 in the prior period, with an average advertised asking price of $489,870. The property type mix of listed properties is predominantly Houses at 70%, followed by apartments (13%), and others (5%). The most active agency for apartments in the Mawson Lakes area is currently Lands Real Estate, representing 40% of new listings, followed by TOOP+TOOP Real Estate with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.