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Sold on 28 Jun 2024 for $855,000

505 Goodwood Road
Colonel Light Gardens SA 5041

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 780m2
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Property Details for 505 Goodwood Rd, Colonel Light Gardens

505 Goodwood Rd, Colonel Light Gardens is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 780m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Colonel Light Gardens in the last 12 months.

Building Type
House
Land Size
780m2

Last Listing description (June 2024)

Property of 6 main rooms situated in the unique Heritage suburb of Colonel Light Gardens set on 780 square metres of land with room to expand and renovate.
Although some work has been carried out by the owners of the property over the years, it's condition can be best described as original with works required to make it livable.
A great opportunity for the handyman/ tradesman to invest time and money in a suburb with the median price over 1.1m

Only short walking distance to local shops , Restaurants and nearby Primary and Secondary schools, this property will appeal to all groups from young families, investors and renovators .
Colonel Light Gardens, Adelaide's garden suburb, with State Heritage zoning ,safe from the developers whilst retaining its renowned Bungalows and tree lined streets.
Good off street parking for 4 cars with 3 vehicle shed in backyard with workshop and access to rear laneway.
Represents great potential and value to the astute buyer.
Inspection by appointment

" Subject to Housing Improvement Order "

Legal Information

C/T| 5272/945
Council| City of Mitcham
Zoning| State Heritage Area
Year Built| 1926

Property History for 505 Goodwood Rd, Colonel Light Gardens, SA 5041

A timeline of how this property has performed in the market
Last Sold
$855,000
28 Jun 2024
  • 12 Aug 2024
    Sold for $855,000

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About Colonel Light Gardens 5041

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.

Colonel Light Gardens has 1,245 properties. Over the last 5 years, Houses in Colonel Light Gardens have seen a 93.20% increase in median value, while Units have seen a 55.79% increase. As at 30 November 2024:

  • The median value for Houses in Colonel Light Gardens is $1,307,727 while the median value for Units is $454,540.
  • Houses have a median rent of $650 while Units have a median rent of $250.
There are currently no properties listed for sale, and no properties listed for rent in Colonel light gardens on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Colonel light gardens.

Suburb Insights for Colonel Light Gardens 5041

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John Millar
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Sam Owens
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Harcourts Vennmillar
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.