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 › Springbank Rd
5
Bedrooms
2
Bathrooms
1
Car spaces
640 m²
Land
267 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 BurnsideIf you're on the hunt for that big block base with a character home ready to be taken further into flourishing modern standards, then let this beautiful c.1926 solid brick bungalow set on a sweeping 640sqm parcel be the end of your searching.
Covering a sprawling contemporary footprint where the familiar, four-square frontage set to solid timber floors and soaring ceilings gives rise to a combination of lofty bedrooms and light-filled formal family and dining spaces, an already updated central and spacious kitchen leads the way into an extended back end that sees 3 more bedrooms and open-plan living with the hard work now done and dusted for you.
Together with 2neat and tidy bathrooms, 2 WC's, combined laundry, an array of in wall AC's and ceiling fans throughout, as well as a crackling combustion fireplace in the main living, there's an impressive framework here to continue the vision and capture that hugely sought-after blend of character size and space packed with modern household finesse.
You'll also find more yesteryear charm stretching from the ornate, brick-paved driveway all the way into a north-facing backyard where an all-weather pergola and timber deck overlooks lush lawns, fruit-laden feature trees and meandering gardens prime for planting, playing and family pet roaming.
Wonderfully positioned on the cusp of the character-rich southern suburbs, where local public and private schools are a stone's throw from your front door, the hugely popular Mortlock Park and sporting oval is right around the corner inviting plenty of outdoor fun, while bustling shopping hubs range from the award-winning Pasadena Foodland, Mitcham Square and Castle Plaza, and a bee-line to Adelaide CBD by way of car or bus takes 8-minutes door-to-door!
FEATURES WE LOVE
• Sprawling c.1926 character bungalow well maintained and already updated and extended with a spacious modern kitchen featuring great bench top space, abundant cabinetry and cupboards, and stainless appliances including 6-burner gas stove top and in-wall oven
• Lofty and light-filled formal family and dining zone at entry gliding over solid timber floors and soaring ceilings
• 2 generous front bedrooms, both with ceiling fans, one with AC and the other with BIRs
• 3 additional spacious bedrooms in the extended rear, one with AC, ceiling fan and BIRs
• 2 light and bright bathrooms, one with shower and bath combo, and the other with laundry combination
• Toasty combustion fireplace in the generous living zone with French doors opening to a charming all-weather alfresco with timber pergola and decking
• Sweeping backyard of lush lawns, fruiting trees, gardens and handy storage shed
• Private frontage behind high fencing, long brick-paved driveway and carport
• Set on an enticing 640sqm (approx.) parcel inviting incredible scope to continue to update and transform (subject to council conditions)
LOCATION
• A leisure stroll to local parks, playgrounds and sporting ovals, as well as both Colonel Light Gardens Primary and Springbank College
• Zoned for Unley, with Mitcham Girls and Urrbrae offering more great schooling selections
• Close to local cafés dotted throughout this neighbourly pocket, around the corner from Pasadena Foodland, Mitcham Square and the bustling Castle Plaza for all your shopping, café and tasty takeaway options
• Only 8-minutes straight down Goodwood Road to the city by way of car, bus or bike
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | MITCHAM
Zone | EN - Established Neighbourhood
Land | 640sqm(Approx.)
House | 267sqm(Approx.)
Built | 1926
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Reece Pilgrim, Ray White Burnside — reproduced as published, not verified by Districts.