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 › Light Pl
3
Bedrooms
1
Bathrooms
2
Car spaces
730 m²
Land
163 m²
Building
Districts View
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 NorwoodSuperbly positioned in a hugely popular and family-friendly suburb, this c.1926 character bungalow sprawling across a 728m2 parcel of land is ready and waiting for a new chapter to begin. A well configured footprint along with customary features of these iconic properties sees a wide entrance, soaring ceilings and three lofty bedrooms surrounding a large and open lounge central to the home.
Although the kitchen and bathroom have seen better days, together with the adjoining dining room would quickly become the point where a modern extension would take root and start the process of transforming this prized address into an old-meets-new suburban stunner. With such wonderful size, space and scope on offer, the redesign possibilities here are vast, paving the way for families to extend and build their dream home (STCC).
Exceptionally located arm's reach to a range of amenities, enjoy stress-free morning commutes with Colonel Light Gardens Primary only a short walk away, a host of popular cafés and takeaway eateries dotted throughout the area including local favourites Bond & Lane and Local Crowd for your barista-made coffees, and less than 10-minutes in any direction sees you to Castle Plaza, Cumberland Park, Mitcham Square and Pasadena spoiling you for choice for all your everyday needs.
KEY FEATURES
• Spacious character bungalow with iconic frontage, soaring ceilings, feature fireplaces and lofty-sized rooms
• Set on a generous 728m2 (approx.) allotment allowing for a wide range of extension or redesign options (subject to council planning)
• 3 large bedroom configuration with spacious formal lounge and formal dining
• Separate laundry and separate storage room
• Sprawling south-facing backyard with sizeable storage shed/garage
LOCATION
• 850m walk to Colonel Light Gardens Primary, zoned for Unley High with Springbank College also close by
• Great local café culture with lots of popular takeaway eateries as well as plenty of leafy parks and sporting grounds for an active and outdoors lifestyle
• Less than 10-minutes to vibrant shopping precincts such as Castle Plaza and Mitcham Square
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Norwood RLA 278530
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.
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at any open inspection.
Property Details:
Council | Mitcham
Zone | EN - Established Neighbourhood
Land | 730sqm(Approx.)
House | 112sqm(Approx.)
Built | 1926
Council Rates | $1,841.50 pa
Water | $203.00 pq
ESL | $410.00 pa
Listing description written by Reece Pilgrim, Ray White Norwood — 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.