Located in South Australia within the Salisbury local government area, Mawson Lakes is a settled mid-to-large suburb (postcode 5095). The area has roughly 13,794 residents and a blend of families and working-age professionals, with a median age of 33. Households earn a median income of $101K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.3% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are English, Australian, Chinese.
The median house price in Mawson Lakes is $1.0 million, having climbed sharply by 22.1% over the past year. Units have a median price of $457,000 (+23.4% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,659.
Mawson Lakes is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1072, which is above the national average of 1,000. Public transport access includes 1 rail station, 58 bus stops. The crime rate in the Salisbury LGA is moderate at 6,481 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.7% (low yield). Property prices are near the state median ($1.0M/$950K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +22.1% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.