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
4
Bedrooms
2
Bathrooms
2
Car spaces
705 m²
Land
226 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 OCOffers Close Tue, 6th Jun - 2pm (usp)
With an ultra-modern extension that laps up its rear northern orientation, takes open-plan living to the next level and makes the kitchen the talking (and meeting) point, this fully renovated C1926 bungalow is everything the forever home should be on its leafy, quiet street in tightly-held Colonel Light Gardens.
From the aggregate paving of its inch-perfect front gardens to the huge fully-lined separate studio/rumpus and every last surface within, this looks and feels like a brand new home simply because it pretty much is - making it the finished article for a family in search of four bedrooms, ensuite bathroom, alfresco pavilion and room for a pool.
Just a stroll from Hillview Reserve and its tennis courts, not to mention Winston Avenue's famous bakery and cafes, you'll love the doorstep of a home that surrounds itself with esteemed schools and colleges, all less than 20 minutes from the metro beaches and the CBD. Tightly held for good reason. Your turn to call Colonel Light Gardens home.
Features we love...
- Extensive renovation, inside and out
- Prized south-north block
- Ultra flexible thanks to its rear separate studio
- Studio could be anything from another bedroom to a home gym or games room
- Kitchen includes stone benchtops, quality appliances, loads of storage and a butler's pantry
- Ducted reverse cycle heating and cooling
- Updates include new floating floors throughout
- Storage includes walk-in robe to master bedroom and built-ins to bedrooms 2, 3 and 4
- Secure rear yard and plenty of off-street parking
- Fan and lighting to alfresco pavilion
- Beautifully presented landscaped gardens
- Garden/storage shed
- Walking distance from public transport
- A short drive from Scotch and Mercedes Colleges
- Moments from Mitcham Square and Castle Plaza shopping precincts
CT Reference - 5581/949
Council - City of Mitcham
Council Rates - $1,726.40 pa
SA Water Rates - $194.74 pq
Emergency Services Levy - $167.90 pa
Land Size - 710m² approx.
Year Built - 1926
Home size - 295 m² approx.
OUWENS CASSERLY – MAKE IT HAPPEN™
RLA 286513
Listing description written by James Robertson, OC — reproduced as published, not verified by Districts.