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
3
Bedrooms
2
Bathrooms
5
Car spaces
672 m²
Land
275 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
UnknownArea
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 BurnsideAll original and ready for a new lease on life, 39 Springbank Road - a timeless c.1926 character property with heritage appeal and those familiar yesteryear footings - delivers that sought-after blueprint to re-inspire and re-invent this prized address.
With 3 lofty bedrooms and a spacious formal lounge, soaring ornate ceilings and solid timber floors hiding beneath carpets, this 672sqm parcel is a spectacular passion project in the making. Retaining its classic front end, the size and scope to transform and extend across a north-facing rear and backyard, where a private laneway runs behind, the architectural potential and possibilities here are as endless as they are enviable (STCC).
Well positioned in this popular pocket of the South where public and private schools are a stone's throw from your front door, the much-loved Mortlock Park & Playground is practically in your backyard, and thriving shopping precincts in almost every direction captures a coveted lifestyle of shopping and social bliss - from Castle Plaza, Mitcham Square to Westfield Marion - this is a stellar spot to plant your feet and build the home of your dreams from the ground up!
FEATURES WE LOVE
• Big block beauty with character features and heritage appeal
• Set on a sweeping 672sqm (approx.) allotment inviting staggering scope to renovate, redesign and extend with exciting architectural visions (subject to council conditions)
• 3 lofty bedrooms, solid timber floors, and high ornate ceilings
• Spacious formal lounge extending into the central original kitchen and adjoining bathroom
• Formal dining or home office/study option
• Rear sunroom with second bathroom, separate WC and practical laundry
• Property-wide verandah and outdoor entertaining area overlooking a sunbathed backyard of sweeping lawn space
• Large garage/shed/workshop, as well as a 3-car carport
• Handy rear laneway access
LOCATION
• A short stroll to Mortlock Park, sporting ovals, as well as Colonel Light Gardens Primary
• Colonel Light Gardens currently boasts one of the top 5 growth suburbs in Adelaide
• Zoned for Unley High moments away, and around the corner from Springbank College
• A quick zip to the award-winning Pasadena Foodland for all your daily essentials, moments to Mitcham Square and Castle Plaza, and only 10-minutes to the bustling Westfield Marion for all your department store and brand name outlets, as well as weekend entertainment
• Great public transport options, including the Lynton Train Station ready to take you to the city in a flash
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 | 672sqm(Approx.)
House | 275sqm(Approx.)
Built | 1926
Council Rates | $3,773.75pa
Water | $199.89 pq
ESL | $343.90pa
Listing description written by Reece Pilgrim, Ray White Burnside — reproduced as published, not verified by Districts.
Nearby 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.