56 Richmond Avenue Colonel Light Gardens SA 5041

5 / 2 / 2 / 673 m2

Here you can find what you need to know about 56 Richmond Avenue , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Colonel Light Gardens, SA and much more.

Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041
Property photo of 56 Richmond Avenue Colonel Light Gardens SA 5041

Property Insights

56 Richmond Avenue Estimated Value

$851,000 - $1,152,000

Note: In a recent product update, Property Value has introduced some changes to the valuation model in which the Estimated Value is generated. This model reflects improvements to the underlying data following a major investment in additional data sources and improvements in the overall scope of CoreLogic data assets. This new model has since affected a property's previous Estimated Value and Estimated Values given prior to the product update may no longer be comparable due to the differing model methodology.

How do we calculate the Estimated Value?
Estimated Values or Automated Value Models (AVMs) are calculated using many different types of property and local market data. No one piece of information or factor alone will determine a property's value. Instead, CoreLogic AVMs use a broad range of data elements, including:
  • Property identifying information including address and/or assessor's parcel number and owner name
  • Prior sales of the property
  • Living area/square metres floor space
  • Year built
  • Number of bedrooms
  • Number of bathrooms
  • Lot size
  • Public record information collected from state and council records, such as deed transfers
  • Recent sales and listings of similar properties in the local market area
  • Area pricing trends
Medium confidence estimate
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Last sold for $1,077,000 on 15/06/2019

Sale Type: Unknown

Mortgage
Repayment
Local Agent Finder Calculator Calculator
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
Low confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Unavailable
Natural Hazard Risk
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW 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 property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

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

This property National
Change in Property
Value (1 yr)
Manly, NSW 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 property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property 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 command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW 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.

About this Property

Details

Bedrooms 5
Bathrooms 2
Car Spaces 2
Land Size 673 m2
Floor Area 240 m2
House Type House: One Storey / Lowset
Council Area Mitcham
Year Built 1926
Zone Colonel Light Gardens Suburb
Lot/Plan 283/D3210 Colonel Light Gardens SA
Property Type House

Last listing description (June 2019)

From a character faade, modern design & poolside privileges, move the family in for life
Auction - 10am Saturday 15th of June (unless sold prior)

Colonel Light had vision, but not like this. In its tightly held State Heritage character suburb, this 5-bedroom, C1926 bungalow's impressive, 2010 contemporary addition ends with a home office, home theatre, JAG kitchen, alfresco and pool, and every reason to move in for life.

With the home's rear entertaining and open plan living wrapped in a retractable wall of north-facing glass, it enjoys shaded summers, warm winter sun, and unrestricted passage to pool antics, the sound-equipped all-weather deck, and landscaped gardens.

Solid spotted gum timber floors glide past the front double-sized bedrooms (each with robes), as custom JAG joinery and stone tops feature in both fully tiled designer bathrooms.

But where brilliant design considers family so well is the sliding glass trades' entry; the side-by-side carport unloads the kids, backpacks, work boots or groceries straight from car to practical 2-way mudroom/laundry, 3-way family bathroom, or kitchen.

You'll forget the front door exists.

And day's end means an ambient master bedroom walking through generous couple's robes to an ensuite with floating vanity, frameless shower, and no let-up on luxe.

Yet there's more to come:
-Gas & solar heating to the pool & spa (with water feature)
-Spotted gum rear deck with ceiling fan, inbuilt BBQ kitchen, plumbing & speaker system
-3m ceilings from front to back
-Solid spotted gum timber floors to main living areas
-Solid interior doors
-Daikin ducted R/C A/C & gas central heating using same ducts
-6.2kW solar with micro inverters (installed 2015)
-Wiring for multi-room sound
-Individually motorized roller blinds to north-facing rear
-Soundproofed home theatre
-Home office with full-height library storage
-JAG kitchen with stainless appliances, stone tops & plumbing provision for a coffee machine
-JAG joinery throughout
-Professional picture hanging rail system
-Provision for 3-phase power
-Dual carport & side gate entry to a single garage with auto roller door
-6,000L rainwater plumbed to 2 WCs
-Sub-surface irrigation to lawns
-Zoning to Colonel Light Gardens Primary

Its position on the leafy, western side of Goodwood Road is easy minutes to Foodland, Woolworths and the Wayville Farmers Markets. Head west to Glenelg or Marion, east for Hyde Park and Norwood, or south to Pasadena Green's mega-supermarket, Mitcham and Springfield's premier schools.

In a smart, efficient home, retain the essence of a bungalow with a modern, timeless finish...

Specifications:
CT / 5184/541
Council / City of Mitcham
Zoning / SHA(CLG)
Built / 1926
Land / 702m2
Frontage / 16.46m
Council Rates / $2,591.80pa
ES Levy / $195.20pa

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Property Timeline

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Development Permits

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.

Upgrade to Premium to see available development permits for this property, Richmond Avenue and Colonel Light Gardens, SA. Learn more

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State Auction Clearance Rates - July 2019

Auctions Clearance rate
SA 58 44%
ACT 36 67%
NSW 316 73%
NT 5 20%
QLD 76 31%
TAS 1 100%
VIC 348 71%
WA 12 30%

Suburb Insights

Colonel Light Gardens, SA 5041

No data available Part of: Mitcham Council

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View Colonel Light Gardens Suburb Profile View properties in Colonel Light Gardens

Occupancy


Demographic data provided
by Australian Bureau of Statistics

Here you can find everything you need to know about 56 Richmond Avenue, including the property sale history and estimated market value as well as insights into Richmond Avenue and Colonel Light Gardens 56 Richmond Avenue Colonel Light Gardens SA 5041