Modern Two-Bedroom Apartment in Central Mawson Lakes

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Location

Market Insights for Mawson Lakes SA 5095

New Listings (last 30 days)

Average price

$505,725

Lowest price

$250,000

Highest price

$585,000

403/42-48 Garden Terrace, Mawson Lakes SA 5095

$585,000 - $610,000

Search Band

$585k - $614k Transparent Based on an openly advertised listing price.

Apartment 2 beds 1 bath 1 car

Listed: 14 hours ago

Overview

This modern two-bedroom apartment situated on the fourth floor in the heart of Mawson Lakes delivers a thoughtfully designed living space spanning 77sqm. The property offers comfortable, low-maintenance accommodation suited to busy lifestyles while commanding an enviable central location.

The open-plan living zone seamlessly connects to a private balcony, offering lovely easterly vistas towards the Adelaide Hills, providing a tranquil retreat within the urban setting. Such outlook enhances both the ambience and natural light, contributing to a pleasant living environment year-round.

Functionality is a key feature with ducted air conditioning and ceiling fans ensuring comfort regardless of the season. The kitchen accommodates gas cooking appliances, designed for ease and efficiency to support everyday meal preparation. Meanwhile, a European-style laundry has been cleverly integrated into the layout to maintain practical use of space.

Two well-sized bedrooms and a central bathroom cater to various household configurations, while a dedicated surface parking space adds convenience, particularly for those commuting or entertaining visitors. The inclusion of built-in storage, a study area, intercom access, and stunning area views further enhance liveability.

The apartment’s location places residents within easy reach of local shops, cafés, well-serviced public transport, nearby schools, and the university campus, making it an attractive option for professionals, students, or small families seeking a connected community lifestyle. Its balance of space, comfort, and convenience makes it well-suited for those prioritizing modern apartment living in a vibrant suburban hub.

Local Market Insights

In Mawson Lakes, Quiet Listings observed 6 new apartments entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $505,725. The property type mix of listed properties is predominantly Houses at 67%, followed by apartments (14%), and townhouses (7%). The most active agency for apartments in the Mawson Lakes area is currently Lands Real Estate, representing 33% of new listings, followed by TOOP+TOOP Real Estate with 17%. 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.