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 › Flinders Ave
$1,925,000
Last sold
14 Sept 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
796 m²
Land
371 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
$1,925,000
14 Sept 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 $2,052/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.
Vs Colonel Light Gardens
+13.8%
Median sale
Suburb $1,691,000
-0.21 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 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 OCAuction Sat, 14th Sep - 3pm (usp)
A pretty picture from its tree-lined street, ready for summers by the pool and a day-to-day dream thanks to its far-reaching dual level floorplan; if there was ever a home to epitomise Colonel Light Gardens' beauty and freedom, it just has to be this C1926 return verandah bungalow.
The current owners have loved this Mount Gambier stone-fronted home for 22 years, passing on a series of updates that make this flexible home perfect for a modern family in search of casual and formal living zones, home office and more storage than you'll ever need.
Featuring stone benchtops, quality Bosch appliances, huge breakfast bar and a walk-in pantry the size of a small bedroom, avid home cooks will thrive in the open-plan kitchen at the head of a free-flowing rear family room.
If the attic-style space on the upper level isn't a bedroom, it certainly will be the perfect retreat when the kids want to entertain school friends with a night of movies and video games.
With a secret ensuite hidden behind a bank of built-in robes, there's no confusion as to where you'll rest and rise in this ducted temperature controlled home with off-street parking for a fleet and extensive shedding.
Placed within a short amble of several quaint community parks, the local primary school, public transport and Mitcham Square's supermarkets, cinema, specialty stores and cafes, it's no wonder Colonel Light Gardens is held so tightly. It's your turn.
Features we love...
- Sited on just under 800sqm of its highly sought-after suburb
- Classic stone-fronted bungalow facade
- Ultra-flexible floorplan with large home office, formal lounge and expansive open-plan living
- In-ground pool with solar heat blanket
- Zoned ducted r/c and gas log fireplace for year round comfort
- Ornate features include leadlight windows and lofty decorative ceilings
- Quality kitchen features whisper quiet range hood and self-cleaning oven
- Storage throughout
- Fully alarmed
- Beautifully presented gardens with wireless auto watering system and raised veggie patches
- Large powered shed and additional storage to pool shed
- A short drive from Scotch and Mercedes Colleges
CT Reference - 5162/425
Council - City of Mitcham
Council Rates - $3,334.45 pa
SA Water Rates - $304.08 pq
Emergency Services Levy - $259.95 pa
Land Size - 796m² approx.
Year Built - 1926
Total Build area - 371m² 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.
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.