Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Colonel Light Gardens › Richmond Ave

43 Richmond Ave, Colonel Light Gardens SA 5041

House

$1,740,000

Last sold

18 Mar 2026

3

Bedrooms

2

Bathrooms

4

Car spaces

702 m²

Land

279 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 $1,740,000 (18 Mar 2026).(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?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$1,740,000

18 Mar 2026 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

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

+2.9%

Median sale

Suburb $1,691,000

-0.05 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

202320242026$1.45m$1.74m
  • Sold (recorded)
  1. Sold$1,740,00018 Mar 2026
  2. Listedprice unknowncompleted11 Mar 2026
  3. Sold$1,450,00028 July 2023
  4. Listedprice unknowncompleted19 July 2023

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Turner Real Estate Adelaide

Protected, Prestigious & Perfectly Preserved

Best Offers by Tuesday 31st March at midday (Unless Sold Prior)

Welcome to 'Cambrai', a beautifully restored character residence where heritage charm and contemporary comfort exist in perfect harmony. Lovingly updated with deep respect for its origins, this captivating home showcases soaring ceilings, ornate original features and lush, landscaped surrounds that immediately evoke a sense of grace and tranquillity.

Behind its charming façade lies a home designed for modern family living. Formal and casual spaces flow seamlessly, offering flexibility for both formal entertaining and relaxed everyday life. French doors open to expansive outdoor decking beneath a generous pergola, creating a true year-round entertaining haven framed by established, fully irrigated gardens.

Read the full description

And there's more to love:

- Heritage character and original architectural features throughout

- Formal lounge with electric fireplace and statement mantle

- Open plan casual living and dining with French doors to outdoor entertaining

- Outdoor rumpus room – ideal teenage retreat, studio, gym or games room

- Well-appointed kitchen with excellent storage and dishwasher

- Master suite with generous walk-in robe

- Two additional bedrooms

- Two well-appointed bathrooms

- Expansive undercover decking and pergola for all-season entertaining

- Ducted cooling throughout plus r/c split system in lounge

- Solar panels for energy efficiency

- Fully irrigated, beautifully landscaped front and rear gardens

- Garden shed for additional storage

- Double carport plus two additional off-street open car spaces

The heritage-listed garden suburb of Colonel Light Gardens remains one of Adelaide's most tightly held and admired communities. As the city's only heritage-listed suburb, its character, streetscape and sense of space are permanently protected — a rare assurance in today's evolving property landscape.

Zoned for Colonel Light Gardens Primary School and Unley High School, and within easy reach of leading private colleges including Scotch College, Mercedes College and Walford Anglican School, the educational opportunities are exceptional. Moments from the vibrant café culture of Goodwood Road and King William Road, surrounded by parks and leafy reserves, and serviced by convenient public transport links, this is a lifestyle defined by connection, community and enduring value.

CT / 5748/331

Year Built / 1926

Land Size / 702 sqm

Council / City of Mitcham

Title / Torrens Title

Zoning / Residential

Speak to TURNER Property Management about managing this property

#expectmore

RLA 62639

Listing description written by Chris & Sonja Dunbar, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
  • Toilets: 2
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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