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SA › Colonel Light Gardens › Martlesham Cres

15 Martlesham Cres, Colonel Light Gardens SA 5041

House

$1,675,000

Last sold

6 Apr 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

720 m²

Land

254 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,675,000 (6 Apr 2024).(Recorded sale)
  • CalculationRecorded House sales in Colonel Light Gardens (last 5 years) with land size: median $2,052/m² of land (n=44). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Established Neighbourhood (EN) under the Planning and Design Code.(Location SA · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,675,000

6 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in Colonel Light Gardens (last 5 years) with land size have a median of $2,052/m² of land (n=44). Districts calculation from recorded sales — not a valuation.

Colonel Light Gardens at a glance

3,297

People

$1,691,000

Median sale

$580/wk

Median rent

1.78%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Colonel Light Gardens report →

Vs Colonel Light Gardens

-0.9%

Median sale

Suburb $1,691,000

+0.02 pp

Gross yield

Suburb 1.78%

Suburb median $1,691,000 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Planning and Design Code

Zone

Established Neighbourhood

EN

Jurisdiction

Mitcham

Mitcham, SA

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 0831239004

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,675,0006 Apr 2024
  2. Listedprice unknowncompleted13 Mar 2024
  3. Listedprice unknowncompleted13 Mar 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Confidence: low

Zoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 721 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $580/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownlow

    Zoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 721 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 721 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Colonel Light Gardens in one glance

Colonel Light Gardens at a glance

3,297

People

$1,691,000

Median sale

$580/wk

Median rent

1.78%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Colonel Light Gardens report →

Keep researching

  • Why Colonel Light Gardens? Read the area thesis →
  • What else is on the market in Colonel Light Gardens →
  • Other records on Martlesham Cres →

Listing material

Listed by OC

A C1920 bungalow beauty, boldly extended to light up your life

Auction Sat, 6th Apr -11.30am (usp)

Judge this bungalow by its front cover behind a picket fence and you won't be surprised by the charm that makes it shine brighter by the passing year. Judge it once you've seen the modern rear addition and you'll go from "I'm intrigued" to "where do I sign".

The meeting of two very opposing eras, melded as though they have always been together; the way the original 1920's home welcomes the polished concrete floors, modern kitchen, alfresco pavilion and the northern light is simply something to savour.

Read the full description

Open the north-facing French doors and partnering wall of cedar-framed stackable glass and the lines between the expansive, under-floor heated addition and the pavilion blur to beautiful effect, all part of the master plan to woo a crowd - and feed them in style thanks to a stone-topped kitchen with shimmering Bosch appliances.

The three double bedrooms, sitting room, polished timber floors and lofty ceilings of the original bungalow ensure you'll be requesting the sales contract before you reach the extension.

What you're signing up for is a move-in-ready home with gorgeous street presence, plenty of off-street parking and prime position on the doorstep of Mitcham Square, a range of highly-rated primary schools and Scotch and Mercedes Colleges, just 10 minutes from the CBD. Where do we sign?

Features we love...

- A wonderful example to the character bungalow

- Enviably placed opposite a small nature reserve

- Astutely extended to create a flexible floor plan and spacious open-plan living

- Polished concrete floors to addition and alfresco pavilion

- Ultra-modern kitchen with dishwasher, 900mm gas cooktop, built-in oven and microwave, breakfast bar and plenty of storage

- Under-floor heating to addition, modern main bathroom and laundry/second bathroom

- Ducted reverse cycle heating and cooling throughout

- Storage galore

- Garden/storage shed

- Double carport and additional off-street parking

- Beautifully presented landscaped gardens with auto watering system

- Walking distance from public transport

- Moments from Colonel Light Gardens Primary School

CT Reference - 5260/913

Council - City of Mitcham

Council Rates - $2,687.70 pa

SA Water Rates - $254.56 pq

Emergency Services Levy - $227.65 pa

Land Size - 720m² approx.

Year Built - 1926

Total Build area - 254m² approx.

All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.

OUWENS CASSERLY – MAKE IT HAPPEN™

RLA 275 403

Listing description written by James Robertson, OC — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.