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 › Richmond Ave
3
Bedrooms
2
Bathrooms
3
Car spaces
726 m²
Land
235 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
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
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 Ray White BurnsidePositioned on a sizeable 726 sqm (approx.) block in a leafy street, 65 Richmond Avenue is a mid-20's 3-bedroom bungalow brimming with the best kind of surprises! Along with a sensitive refurbishment of the original interior to provide contemporary comforts without compromise to yesteryear charm, new spaces have been added that make this a truly family-friendly abode.
Gorgeous solid timber floorboards provide continuity across the front half of the home, where 2 generous bedrooms run off the entry passage, a third located next to a cosy central lounge. The largest bed and the lounge have their original open fireplaces intact, the living area also with AC.
Splash black and white checkerboard tiling spans an updated kitchen, which opens to the lounge with a handy dining bar and has a WIP at one end. The ready for anything benchtops are solid timber, the complementary cabinetry housing stainless mod cons including a dishwasher and gas cooker. The household is well served by 2 refurbished bathrooms, one with a roomy shower, the other a deep tub and adjacent WC, and there's also an open study beside the laundry.
Add-ons include a glass-enclosed paved rear entertaining hub, a massive timber framed space with soaring pitched roof that connects onto a side patio and the lush lawned backyard. There's also a fully-kitted garden studio with lots of windows and a kitchenette that will make a fantastic games room/rumpus/teen retreat - evolving as your family does.
With a long driveway running down the side of the house into a versatile 8m long workshop, there's plenty of space to park cars off-street, and a short drive is all it will take to reach a host of vibrant shopping hubs, zoned schools, and even town.
FEATURES WE LOVE
• Charm-filled 1920's character bungalow with modern updates & family-friendly add-ons
• Heritage features: polished timber floorboards, high panelled ceilings, original open fireplaces
• Cosy central lounge with corner open fireplace
• Adjacent kitchen with checkerboard floor tiling, dining bar, timber benches, stainless steel appliances (dishwasher), WIP, skylight
• Glass-enclosed/timber framed rear entertaining hub (just over 35sqm), extending onto a covered outdoor patio
• 3 timber-floored bedrooms, 2 with fireplaces, a wall of BIR's in the largest
• 2 bathrooms, 1 with clawfoot style tub & adjacent private toilet, the other with a chic frameless glass enclosed shower
• Bonus open study area beside laundry
• Ducted AC in lounge and adjoining bedroom, solar to help offset
• Barn doors into a big, light-filled garden studio/rumpus/teen retreat with kitchenette (timber benchtops, sink, cabinets)
• Versatile 24sqm workshop at the end of the long driveway
• Fenced backyard, lawns, cubby house, stonewalled garden beds, firepit hub
LOCATION
• Leisurely walk to local tennis clubs, parks and picnic grounds
• Regular buses running into town only a 2 minuet walk away on Winston Avenue
• Zoned for Colonel Light Gardens Primary and Unley High, or go private at Scotch College
• 15-minute walk to Castle Plaza (Coles), or jump in the car to Woolies Cumberland Park (4-minutes) or Mitcham Square/Pasadena Foodland (7)
• Just over 10 minutes' drive to the southern entry to town
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.
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.
Property Details:
Council | MITCHAM
Zone | EN - Established Neighbourhood
Land | sqm(Approx.)
House | 235sqm(Approx.)
Built | 1925
Council Rates | $2,069.65pa
Water | $218.55pq
ESL | $389.10 pa
Listing description written by Reece Pilgrim, Ray White Burnside — reproduced as published, not verified by Districts.