2. SA
  3. Mitcham

Colonel Light Gardens SA 5041

Houses Units

Here you can find what you need to know about Colonel Light Gardens, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.4M Median Sale Price (National Average $485k) 50th In SA
18.18% Median Sale Price Change (1yr) (National Average 4.30%) 154th In SA
$650pw Median Rent (National Average $395) 70th In SA
2.4% Median Gross Yield (National Average 4.24%) 323rd In SA

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Colonel Light Gardens, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Colonel Light Gardens, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Colonel Light Gardens, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Colonel Light Gardens


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Colonel Light Gardens, SA 5041

Part of: Mitcham Council No data available

The size of Colonel Light Gardens is approximately 1.5 square kilometres. It has 10 parks covering nearly 8.4% of total area. The population of Colonel Light Gardens in 2011 was 3,311 people. By 2016 the population was 3,365 showing a population growth of 1.6% in the area during that time. The predominant age group in Colonel Light Gardens is 40-49 years. Households in Colonel Light Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Colonel Light Gardens work in a professional occupation. In 2011, 86% of the homes in Colonel Light Gardens were owner-occupied compared with 85.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Colonel Light Gardens

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Colonel Light Gardens   for Houses in last 12 months


There have been 24 Houses sold in Colonel Light Gardens in the past 12 months with a median sale price of $1.4M, up 18.2% annually. It takes on average 23 days to sell with vendor discounting of -4.9%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Colyton NSW, 2760 11.88% $895,000 $530pw 3.1% View Suburb Profile
Colongra NSW, 2262 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Cashmere QLD, 4500 12.99% $1,300,000 $750pw 3.0% View Suburb Profile
Oaklands Park SA, 5046 15.75% $765,100 $580pw 3.9% View Suburb Profile
Essendon North VIC, 3041 9.55% $1,287,500 $550pw 2.2% View Suburb Profile
Lower Mitcham SA, 5062 17.79% $1,337,550 Unavailable Unavailable View Suburb Profile

Currency

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