Back 3/38-42 Metro Parade
Off Market

3/38-42 Metro Parade

Mawson Lakes SA 5095

3
2
2
129 m²
Townhouse
Last sold for $730,000
Josh HuntJosh Hunt, last sold this property on 09 September 2025 after -6 days on market.

Overview

Modern Townhouse Living in the Heart of Mawson Lakes

Perfectly positioned in a vibrant and convenient location, this contemporary three-bedroom townhouse delivers style, comfort, and everyday practicality. Built in 2017 on a low-maintenance allotment of approx. 129m², it's an ideal choice for first-home buyers, professionals, downsizers, or investors looking for strong returns. Inside, the home offers a versatile layout with three well-proportioned bedrooms, two bathrooms, and secure double garaging. Quality finishes throughout create a modern feel, while the open-plan living and dining area flows seamlessly to a private outdoor space-perfect for entertaining or relaxing. The lifestyle location is second to none. Just moments from the Mawson Lakes Interchange for an easy CBD commute, you'll also enjoy nearby cafés, shopping, schools, walking trails, and the beautiful central lake with surrounding parklands. For investors, the property offers excellent rental return of $675 per week until 11th April 2026 , delivering a strong yield of around 5%. Combined with Mawson Lakes' consistent capital growth, this is a smart and secure opportunity not to be missed. Bell Property Unley RLA 285 137

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
129 m² lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Mawson Lakes over the last 12 months, the estimated median property value of 3/38-42 Metro Parade is $690.5k.

Median value
$690.5k
Estimated value range
$610k - $820k
Median days on market
39
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mawson Lakes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/38-42 Metro Parade

2026
Rented
Undisclosed
Leased on 09 May 2026 by Belle Property Unley
2025
Sold
$730,000
09 Sep 2025 by Josh Hunt, of Belle Property Unley

Happy sellers in Mawson Lakes

98%
98% of sellers in Mawson Lakes reported that their sale price either exceeded or met their price expectations.

Mawson Lakes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Mawson Lakes over the last 12 months.

Local market activity for 3 bedroom townhouses in Mawson Lakes

In the last 12 months, 34 three-bedroom townhouses similar to 3/38-42 Metro Parade, have been sold.

This represents a 12% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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