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.
SA › Colonel Light Gardens › Sturt Ave
4
Bedrooms
1
Bathrooms
1
Car spaces
710 m²
Land
206 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Colonel Light Gardens (last 5 years) with land size have a median of $2,058/m² of land (n=45). 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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
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.
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.
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
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.”
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Ray White NorwoodDelightfully located with a verdant outlook over Mortlock Park Reserve, this 1926 constructed, solid brick home is now ready for a complete renovation and will ideally suit the experienced or professional renovator.
The home has been stripped back to its barebones and now offers a blank template for your future upgrades and modernisation. Nestled on a 710m² allotment, the residence provides ample room for any extensions or additions and will certainly appeal to the shrewd investor.
Character features include timber floorboards, solid timber doors and frames, high skirtings and ceilings, sash windows, original cornices and ceilings, corner fireplaces and original mantles plus original picture rails.
Boasting a traditional configuration of 6 main rooms, the home will provide a very interesting restoration project for those who don't mind a bit of hard work.
4 main rooms provide 3 bedrooms and a living room while a large central kitchen offers a galley style prep area with wide sink and gas stove, the traditional wood burning stove, art deco lighting and a ceiling fan.
Lean to style wet areas offer not a lot to salvage, along with a traditional sunroom, all of which could be demolished and upgraded to a modern extension.
A wide rear verandah and a galvanised iron garage complete the offering that will certainly appeal to the keen renovator, wise investor, tradesman or builder.
Briefly:
* Renovation ready, solid brick character home
* Great location opposite Mortlock Park Reserve
* Constructed in 1926
* Generous 710m² allotment
* 6 main rooms including traditional 4 main room front layout
* Generous kitchen/meals and galley style prep area
* Character features include timber floor boards and solid timber doors
* High skirtings, sash windows, picture rails & original ceilings
* Corner fireplaces and traditional mantles
* Original wet areas in need of upgrade
* Plenty of room to extend on the large allotment
* Galvanised iron garage
* Potential packed offering ideal for the hard-working heritage enthusiast
* Rear access via laneway
A great location between the city and the Gateway to the south offers easy access to all valuable amenities. Public transport at your doorstep just a short walk to Goodwood Road.
Quality local shopping just down the road at either Mitcham Square, Cumberland Park or Castle Plaza Shopping Centres.
The numerous reserves and parks of the local area at your disposal for your daily exercise and recreation.
Enjoy elite school zoning to Colonel Light Primary School and Unley High School. Quality private schooling can be found in the local area at St Josephs, St Anthony's, Sacred Heart Middle School, Cabra Dominican School & Mercedes College.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | Mitcham
Zone | EN - Established Neighbourhood//
Land | 710sqm(Approx.)
House | 206sqm(Approx.)
Built | 1926
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at 249 Greenhill Road, Dulwich for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 278530
Listing description written by Reece Pilgrim, Ray White Norwood — reproduced as published, not verified by Districts.