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 › Penang Ave
$835,000
Last sold
25 Mar 2018
3
Bedrooms
1
Bathrooms
4
Car spaces
700 m²
Land
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
$835,000
25 Mar 2018 · 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.
Vs Colonel Light Gardens
-50.6%
Median sale
Suburb $1,691,000
+1.83 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
UnknownNearby 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.
Area
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 Harcourts VennMillarA Family Home to Entertain and Unwind In
We offer your family a beautifully maintained Bungalow with a well-designed early 2000's extension and situated on a well-proportioned block of 700 sq. m approx. - we can assure you the quality of this home will impress.
Laden with those character features we all want, starting with the bold front pillars, very neat faade and continuing inside with the polished Baltic pine floorboards, 3 open fire places, high ceilings throughout and original picture rails.
Part of the extension/renovation includes the high-quality kitchen - a real cooks delight with large 5-burner gas stove, quality oven, Miele dishwasher and ample cupboard and pantry space. The kitchen overlooks the generous tiled family room, complete with gas log fire and double glass doors to the great outdoors. A separate dining room is set off from the kitchen providing flexibility for the family.
The original portion of the home features 3 big bedrooms all with the polished floors. A additional formal lounge provides another living zone.
The bathroom, laundry and separate toilet are also part of the extension. The bathroom features deep bath, separate shower and built in vanity. The, large rear laundry has plenty of cupboard space and access to the backyard.
The double glass doors in the rear living space invite you outside to the paved and sheltered entertaining patio area complete with caf blinds for year-round enjoyment.
The grounds are well maintained with a powered garden shed/workshop, water feature with fish pond and various fruit trees include. Undercover double carport plus extra off-street parking.
16 Penang also features:
- Ducted evaporative air-cond
- Upgraded roof
- Irrigated garden and healthy, well-manicured herb beds
- Established fruit trees including, apple, pear, lime, orange and quince
- Security system
- Rainwater tanks
- NBN connection
A serene backyard and garden, a perfect place to enjoy those long lazy Sundays. Such a fantastic opportunity to buy into a premium suburb. Well suited to those searching for a long-term family home in a great location and downsizers will be attracted to a sizeable but low maintenance finished product.
Land dimensions: 16.46m x 42.67m approx.
Certificate of Title: 6125/783
Year Built: 1926
Council: City of Mitcham
Council Rates: $1,910.61 p.a.
Zoning: State Heritage Area (CLG)
SA Water Rates: $236.74 p.q.
E.S. Levy: $365.10 p.a.
Listing description written by Stephen Venn, Harcourts VennMillar — reproduced as published, not verified by Districts.