4/81 Edward Street, Daw Park, SA 5041

$470,000 - $490,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026

$470,000 - $490,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, low-maintenance two-bedroom unit in Daw Park offering excellent potential for investors and first-home buyers alike.

🏡 Property Highlights

  • Small, exclusive group of only four units for privacy and community feel
  • Undervalued pocket with strong long-term growth potential
  • Open plan living/dining area with functional kitchen and gas cooking
  • Ceiling fans in living area and master bedroom for comfort
  • Convenient location close to CBD, public transport, and amenities
  • Long-term rental income with tenants in place until June 2026

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Ceiling Fans
  • Waterfront / Views
  • Outdoor Area
  • Garage / Secure Parking
  • Internal Laundry
  • Pet-Friendly
  • Low-Maintenance Yard
  • Ensuite

Daw Park is a quiet, well-established suburb with excellent connectivity to Adelaide’s CBD, renowned local schools, leafy reserves, and convenient amenities. Its ongoing renewal and proximity to the coast make it an attractive choice for long-term residents and investors. The area offers a balanced lifestyle with easy access to public transport, medical facilities, and educational institutions, all within a friendly community setting.

What is the condition of the property and are there any planned renovations?
The property is in a comfortable, functional condition with scope for cosmetic updates. It is suitable for renovation or improvement over time.
What are the ongoing costs associated with this property?
Annual council rates are approximately $1,474.75, water rates are $176.30 per quarter, and ESL is $153.95 annually. Strata rates are to be confirmed.
Is the property suitable for long-term investment or first-home purchase?
Yes, the property offers long-term growth potential and is ideal for both investors and first-home buyers seeking a manageable, well-located home.
What are the nearby amenities and transport options?
The property is minutes from the CBD, with easy access to public transport, Flinders University, medical facilities, and the coastline.
Are there any restrictions or zoning considerations to be aware of?
Zoning details should be confirmed with local council; the property is within the City of Mitcham and part of Strata Plan 4001.
Are there any hidden costs or upcoming special levies associated with the strata or property? Has the property been inspected for structural issues or pests? Are there any planning or development applications nearby that could affect the property? Is the property compliant with all local building codes and regulations? What are the potential risks of flooding or bushfire in this area? Are there any easements or zoning restrictions that could limit future modifications? What is the history of the property regarding repairs or renovations? Are there any ongoing disputes with neighbours or the strata corporation? Is the property located in a bushfire or flood-prone zone? What are the long-term plans for infrastructure or community development in the area?

4/81 Edward Street, Daw Park, SA 5041 - More Details

$470,000 - $490,000

Best Offers By 27th April

The home
Set within a small group of just four, this is a property that makes sense the moment you step back and look at the bigger picture. Positioned in an undervalued pocket that’s steadily gaining ground, it offers a straightforward, low-fuss foundation with clear scope to refine over time. Comfortable as it stands, yet open to improvement, this is the kind of opportunity investors and renovators recognise early.
For investors and first home buyers alike, the appeal here is in what you can change, and what you can’t. Cosmetic updates are the easy part. Position, price point, and long-term potential are not.
Whether you’re looking to step into the market without overextending or secure a property you can gradually improve, this is a smart, considered starting point. The bones are there, the layout works, and the opportunity lies in refining the details over time rather than paying for someone else’s finished product.

Why you’ll love it:
* 2 bedrooms
* Open plan living/dining
* Functional L shaped kitchen with gas cooking
* Ceiling fans to both the living area and master bedroom
* Bathroom with shower over bath
* Internal laundry within bathroom
* Carport at the rear
* Small group of only 4 units

The lifestyle:
Located in a pocket of Daw Park that continues to fly just under the radar, the appeal here goes well beyond the front door. Just minutes from the CBD, with easy access to public transport, Flinders University and Medical Centre, and a short drive to the coastline, this is a suburb that quietly balances convenience with long-term liveability. Well-regarded local schools, leafy reserves, and everyday amenities are all within easy reach, making it equally appealing to tenants, first-home buyers, and those looking to settle in for the long term. Surrounded by established homes and ongoing renewal, it’s the kind of area buyers move into before everyone else catches on, where the fundamentals are already in place, and the upside comes with time.

The facts:
Title Details | CT 5045/345
Council | City of Mitcham
Council rates | $1,474.75 pa
Water rates | $176.30 p/qtr
ESL | $153.95 pa
Strata | Strata Plan 4001 Rates TBC
Tenancy Details | Rented for $330pw until 26th June 2026

Before you fall in love
We’ve gathered the details from sources we trust and we’ve triple-checked, but please bring your own tape measure and do your own homework. Distances are from Google Maps in a straight line. Travel times vary. School zoning can change and should be confirmed direct. Inclusions and exclusions are set out in the Contract of Sale. Floorplan areas are approximate. Neither the vendor nor the agent accepts liability for errors or omissions.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
House Size
67.4 m²

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