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SA › Colonel Light Gardens › Richmond Ave

23 Richmond Ave, Colonel Light Gardens SA 5041

House

$1,445,000

Last sold

7 Dec 2024

4

Bedrooms

2

Bathrooms

4

Car spaces

702 m²

Land

342 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 $1,445,000 (7 Dec 2024).(Recorded sale)
  • CalculationRecorded House sales in Colonel Light Gardens (last 5 years) with land size: median $2,079/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

$1,445,000

7 Dec 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 $2,079/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

-14.5%

Median sale

Suburb $1,691,000

+0.31 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: 0831136005

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$1,445,0007 Dec 2024
  2. Listedprice unknowncompleted13 Nov 2024
  3. Listedprice unknowncompleted13 Nov 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 686 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 686 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 686 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 Richmond Ave →

Listing material

Listed by OC

A stand-out symmetrical cottage with its best days ahead

Auction Sat, 7th Dec - 11.30am (usp)

Deviating ever so slightly from the bungalows and tudors its tightly-held suburb is so renowned for, this C1926 symmetrical cottage is a character home that stands out - from its picture-pretty facade, all the way to its separate rear studio.

Behind its head-turning front gardens is a spacious, light-drenched family home with Baltic pine floorboards, high ceilings, ornate fireplaces, leadlight windows and a nimble floorplan of multiple living zones, including a north-facing formal lounge/dining room combo with an arched opening.

Read the full description

With striking granite benchtops, stainless steel appliances and so much roaming room at its tiled feet, the Farquhar eat-in kitchen - and its partnering living room - ensures food is at the core of all the quality family time to come in this ducted-comforted home.

Featuring a pitched-roof pavilion with summer on its mind, a subtly raised paved patio and an expansive studio that could be anything from a rumpus/games room to a home away from home for your teens, you'll find it hard to ever outgrow this consummate entertainer with the scope to extend and prime central position between the CBD and coast.

Sited on one of Colonel Light Gardens' leafiest streets, you'll always be within arms reach of Winston Avenue's cafes and famous bakery, Goodwood Road's salons and pharmacy, Mitcham Square, Cumberland Park's shopping precinct and a range of quality schools and public transport for the swiftest commute to the CBD. Stand out. Step out and enjoy every second.

Features we love...

- Tightly held by the one family for some 65 years

- Gorgeous cottage gardens and symmetrical facade

- Carport and additional off-street parking

- Flexible layout with multiple living zones, two bathrooms, four bedrooms, ensuited main bedroom and study nook

- Walk-in pantry to updated eat-in kitchen

- Ducted RC for year round comfort

- Loads of storage and separate laundry

- Expansive, fully lined rear studio only adds to its flexibility

- The scope/room to extend and/or add a swimming pool at its landscaped rear

- Off-street parking includes room for your caravan

- Strolling distance to public transport and local reserve/tennis courts

- Close to South Road's countless conveniences, Pasadena Green, Hyde Park's shopping boutique precinct and the metro coast

- Moments from Colonel Light Gardens and Westbourne Park Primary Schools and Scotch College

CT Reference - 5742/356

Council - City of Mitcham

Zone - EN - Established Neighbourhood

Council Rates - $2,357.10 pa

SA Water Rates - $237.99 pq

Emergency Services Levy - $198.40 pa

Land Size - 702m² approx.

Year Built - 1926

Total Build area - 342m² 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 275403

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.