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SA › Colonel Light Gardens › Corunna Ave

50 Corunna Ave, Colonel Light Gardens SA 5041

House

$652,000

Last sold

8 Feb 2019

3

Bedrooms

1

Bathrooms

3

Car spaces

702 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $652,000 (8 Feb 2019).(Recorded sale)
  • FactLand 702 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Colonel Light Gardens (last 5 years) with land size: median $2,058/m² of land (n=45). 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

$652,000

8 Feb 2019 · derived via latest_sale

Local land rate: recorded House sales in Colonel Light Gardens (last 5 years) with land size have a median of $2,058/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.

See the full Colonel Light Gardens report →

Vs Colonel Light Gardens

-61.4%

Median sale

Suburb $1,691,000

+2.85 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

  1. Sold$652,0008 Feb 2019
  2. Listedprice unknowncompleted14 Nov 2018

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 Corunna Ave →

Listing material

Listed by Turner Real Estate Adelaide

SOLD @ AUCTION BY BRANDON O'CONNELL

Auction Location: Onsite.

SOLD @ AUCTION BY BRANDON O'CONNELL 0433 102 455

Bungalow delight in Colonel Light.

Read the full description

Auction 8th of December @ 12:30PM (Unless Sold Prior)

Please click on the ‘External Link’ wording below to engage this exciting tool that allows you to visualize your furniture in this property.

Located in the beautiful suburb of Colonel Light Gardens on a stunning tree-lined street, this one owner, 1926 built part of original The State Bank of South Australia Historical 'Thousand Homes Scheme' . This 2-3 bedroom war service bungalow sitting upon 702sqm of land with North South aspect showcases character features including, ornate fireplaces, high ceilings, original casement windows and polished timber floorboards throughout the home.

The traditional wide entry draws you into the heart of the home. The main living area is a large open space and features a combustion fireplace, ceiling fan with pendant lighting, casement windows with roller blinds and sheer curtains.

Both bedrooms are of ample size both with timber floors, casement windows, picture rails, sheer curtains and built in robes.

Just off the main living area is a formal dining room with lovely natural light from the east facing casement windows. This was previously used as a third bedroom and could easily be converted back if necessary.

The quaint kitchen features timber floors, casement windows, ample overhead and under bench cabinetry, electric cooktop, deep bowl sink and large fridge provision.

The huge laundry is located in the rear lobby and offers a large wash trough, washer and dryer provisions, tiled flooring and casement windows. The bathroom features a shower over full size bath, vanity and shaving cabinet,

The lean-to allows for extra undercover storage and offers access to the separate WC, and the sleep-out/sun-room.

The huge north facing rear yard features lovely fruit trees including apricot, orange, walnut, grapefruit and a beautiful established frangipani. Secure off street parking options including a large carport and freestanding garage will suit the needs of a small to medium family with ease.

Positioned in this prime location with parks, schooling and shopping facilities nearby, this home offers many sought after and timeless character features which are popular among today’s buyers.

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-

(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and

(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

CT / Vol.5744 / Fol.991

Year built / 1926

Land Size / 702sqm

Council Rates / $1,630.80pa

Water / $74.45 pq

Sewer / $137.48 pq

ESL / $141.35 pa

Torrens Title

Council / Mitcham

Zoning / SHA (CLG)

Frontage / 16.46m

Depth / 42.67m

Speak to TURNER Property Management about managing this property

#expectmore

Brandon O'Connell 0433 102 455

Listing description written by Brandon O'Connell, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Secure Parking
  • Shed
  • Toilets: 1
  • Workshop
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.