OFF MARKET

55 Penang Avenue
Colonel Light Gardens SA 5041

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 128m2
Land area: 700m2
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Property Details for 55 Penang Ave, Colonel Light Gardens

55 Penang Ave, Colonel Light Gardens is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1926. The property has a land size of 700m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last transferred in June 2014.

Building Type
House
Year Built
1926
Floor Size
128m2
Land Size
700m2
Local Government
Mitcham
Lot/Plan
A205/D3210

Last Listing description (September 2024)

If you are attending the open inspections - PLEASE NOTE - it is a requirement to remove your shoes before entering the home as the floor boards have just been polished.

IMPORTANT INFORMATION: Please register to be notified of any upcoming inspections. By registering, you will be INSTANTLY informed of any updates, changes or cancellations.

If you are interstate a friend or family member MUST physically view the property on your behalf before you can apply. Thank you

Available - NOW
Lease Term - 12 months
Rent - $600 per week
Bond - 4 weeks rent equivalent ($2400)
Water Charges - All water usage and water supply - tenants to pay
Exclusion - all fireplaces in the home are ornamental only and excluded from the lease.

This character home is in a fantastic location at a sensible price!!.

The home comprises three generous bedrooms all with ceiling fans, a dining area to enjoy family meals together and a separate laundry with additional toilet.

What we like about this home:

Large backyard for your enjoyment of the outdoors
beautiful gardens in the front & back
large double lock up garage
reverse cycle ducted air conditioning for year-round comfort
Security system for peace of mind (can be monitored at tenants cost)
Ample off street car parking
solar panels and solar batteries an advantage in reducing cost of living - solar total capacity 4.96kw and battery is 10kw

This home is very well situated, close to;

Close to; Mitcham Library, winter running creeks leading to Mitcham Reserve and the picturesque Brownhill Creek walks, tennis, lawn bowls, dog parks.

prestigious schools; Scotch College, Mercedes College, Colonel Light Gardens Primary, Clapham Primary, Westbourne Park Primary, Mitcham Girls High, Cabra Dominican College, Unley High School
amenities at; Mitcham Square Shopping Centre or Pasadena Foodland, BigW - Cumberland Park, Castle Plaza
restaurants near home; Stamps, Lenzerheide, Buongiorno Cafe, The Edinburgh or Torrens Arms Hotels.
Public transport: easily accessible on Goodwood Rd & Winston Ave, so leave your car at home!!

Property History for 55 Penang Ave, Colonel Light Gardens, SA 5041

A timeline of how this property has performed in the market
Last Transferred
24 Jun 2014
Listed for Rent
$500/w
09 Mar 2023
  • 23 Aug 2024
    Listed for Rent $600 / week
  • 03 Mar 2023
    Listed for Rent $500 / week
  • 24 Jun 2014
    Transferred
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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 1,242 properties. Over the last 5 years, Houses in Colonel Light Gardens have seen a 86.98% increase in median value, while Units have seen a 37.55% increase. As at 31 October 2024:

  • The median value for Houses in Colonel Light Gardens is $1,272,629 while the median value for Units is $433,176.
  • Houses have a median rent of $650 while Units have a median rent of $250.
There are currently 2 properties listed for sale, and no properties listed for rent in Colonel light gardens on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Colonel light gardens.

Suburb Insights for Colonel Light Gardens 5041

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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.